Hello everyone. I want to leave the 9-5 soon. I’m aiming to save around 40-50k to start my real estate journey. I have lots of ideas, such as Airbnb, rentals etc. I just have no direction about where to go. Would love some insight on how to properly utilize the money to create passive income. I don’t know anyone in real estate and I’m scared of losing my money, so I want to invest properly and work with someone who knows what they are doing.

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I'd recommend looking at bigger pockets to start and read up on real estate investing books or podcasts. I think in today's mkt it will be hard to find a good bank mortgage deal unless you negotiate via seller financing. I have one income producing property right now and am in the process of using the BRRR method to do a cash out equity refinance in the near future

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Hey! I’m aiming to do the same and start with Airbnb rentals. I don’t have much advice but maybe it’d help to share what i’m doing. I’m reading a book on canadian tax laws on home ownership and the maintenance of renting it out. If you have the capital already I’d start speaking with brokers in the area you’re interested in investing in to get some insight on the market and just getting started overall. That’s what i plan to do once i decide where.

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