For anyone getting started in real estate investing there are a lot of opinions and “how-to advice” out there, and to be honest there are a lot of ways to do it. In this video I will be sharing with you what I would do, and what I did when I first got started investing in real estate.

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Hi, I’m Chimene Van Gundy, best selling author and mobile home millionaire, and in today’s video we’re going to talk about getting started in real estate investing. So there’s several people out there I’m sure that tell you what they think you should do. I’m actually going to try to break it down and tell you what I would do and what I actually did when I learned how to start investing in real estate. First, read books like Rich Dad, poor dad and other books out there that will help you on your real estate journey. One thing that you need to do too is really change your mindset. This is important. Most people, it’s not about anything else that they do except for changing their mindset. The book that I would recommend that changed my mindset most is thinking, grow rich by Napoleon Hill. Make sure that you get that book and you read it.  Also, when you’re changing your mindset, you need to understand that you need to learn how to make your money make money for you instead of exchanging time for dollars. Also, research and watch videos. There’s tons of content out there on real estate investing. You can go and you can watch videos at your leisure on things like youtube and really be able to learn more and see what interests you. Then next thing is to find a coach or a mentor. If you really want to start out strong and you don’t want to get suckered right in any industry, get a coach or a mentor, find somebody that can help you get to where you want to be. Find somebody that has what you want to have, has the life that you want to have and is doing things that you know you might want to do in order to free yourself and give you the life that you want.  The other thing is to know your starting place. This is really important. Some people have some backup money, 10 or $20,000 sitting in the bank that they can use to start and some of us have been single moms or divorcees or other people and we don’t really have extra money to start. That will help determine what strategy you want to use by getting started in real estate. If you have no money and no credit, then you want to start with wholesaling. If you have a little bit of money but not a lot, maybe you want to start with mobile homes because they’re going to give you the most bang for your buck, but knowing your starting place is super important. And lastly, join a REIA. Every city has a Rhea that’s a real estate investors network. Join your local REIA and tap into that. You’ll meet all kinds of people that are doing things that you might want to do and you’ll give you the opportunity to have a lot of connections and to really know what’s going on in your area. I hope that this video has helped you in your journey with deciding what you want to do with your real estate investing career.


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