By: Deacon Hayes
In reply to <a href="https://wellkeptwallet.com/real-estate-mogul/#comment-68658">Kris smith</a>.
There are many ways to get started in Real Estate. If you want to start in traditional real estate, then ideally I would look at paying cash for something that is move in ready. If you don't have properties in your area that are at that price point, then you can look at buying a house with at least 20% down so that you don't have to pay private mortgage insurance. When buying traditional real estate, I look for deals that will pay 8-10% cap rate. When it comes to crowdfunded real estate, this is a different story. They typically pay 10% - 13% and you don't have to manage the properties. So it really depends on how much you want to be involved when it comes to which route you choose.