A Beginner’s Real Estate Checklist

Starting out in real estate can be a daunting task, especially if we don’t know where to look for info or who to trust. I went through that myself years ago, with the advent of the internet the info is now readily available.

But please be aware  there are more “GURU’S” out there that are selling a dream, courses, and don’t forget the upsell that can cost you thousands.

So I’m hoping that the list I’m providing can help you in some way, don’t forget there are books, video’s and schools that won’t cost you tons of money.

Note: Please do your due diligence as companies do come and go. 

Looking for lead generation

  • Listsource.com
  • Realtor.com
  • Fsbo.com
  • Hud.gov
  • Craigslist.org
  • Facebook marketplace
  • Garage sale
  • Driving for dollars

Contacting the owner

  • Tax assessor’s office (Google your city)
  • Zillow.com (county website)
  • Propertyshark.com
  • Phone call
  • Email
  • Text
  • Direct mail

Property inspection

  • Friends or Family
  • Wegolook.com
  • Bpophotoflow.com
  • Property inspector (Google your city)

Making offers

You have to find out the motivation of the seller to determine what offer you will make.

  • Cash offer ( See below “maximum allowable offer”)
  • Seller financing
  • Lease option
  • Subject to

Getting property under contract from seller

  • Determine price
  • Down payment to seller
  • Monthly payment to seller
  • Length of contract

Exit strategies

  • Flip to end buyer
  • Rent out
  • Lease option
  • Seller financing

Marketing for buyers

  • Facebook marketplace
  • Ads on craigslist or Zillow
  • Work with a realtor
  • Signs on the front lawn of property

Put property under contract with buyer, check your city to see if you need a title co, or lawyer.

  • Lawyer
  • Title co.
  • Get contract online or preferably from realtor, lawyer, your investment club or title co.
  • Determine sell price to new buyer
  • Down payment from buyer
  • Monthly payment
  • Length of contract with buyer

Close the deal

  • Get contracts signed
  • Docu-sign
  • Notary public




Books I recommend:



Thanks for reading

Don’t give up on your dreams, fight for it.

Keep the momentum going, Good things will happen.

Please stay safe.
















Hope this helps.

Thank you for reading , Stay safe









Leave a Comment