If you've been telling yourself, "I'll invest in real estate when prices come down," well... that time may be coming.

So, what should rookie real estate investors be doing now to prepare?

Today we outline six action items—from shoring up your financial position to making yourself an attractive partner. Also, we bring back the "Rookie Request Line" so you can hear Ashley and Felipe's answers to a few questions from the audience.

If you feel stuck, fearful, or just restless while you're cooped up inside... then check out this episode and take action!

If you're enjoying the show, please take 30 seconds to give us an honest review on Apple Podcasts.

See you next Wednesday!

In This Episode We Cover:

How to secure long-term debt now
How to make yourself bankable
Why now is the perfect time to practice analyzing deals
Why you should take a fresh look at your tenants' leases
How to make yourself an attractive real estate partner
What balloon payments are and how to plan for them
Emergency preparedness procedures
Getting your mindset right before jumping into real estate investing
And SO much more!

Links from the Show

Check the full show notes here: http://biggerpockets.com/rookie7

Learn more about your ad choices. Visit megaphone.fm/adchoices

7: 6 Things New Investors Should Be Doing Right Now 01:14:04 Share

Real Estate Rookie

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7: 6 Things New Investors Should Be Doing Right Now