Most people think you need a ton of money or experience to get started in real estate investing. You don't. You need a plan — and the willingness to follow it. Here's the exact 90-day roadmap to go from complete beginner to placing your first bid at a bank-owned property auction. ✅ Month 1: Learn + Observe Your only job this month is to understand the room. Go to a bank-owned property auction just to watch. No checkbook, no bids — just show up and absorb. Pay attention to how fast bidding moves, what experienced investors do, and what properties actually sell for vs. the guide price. Also this month: - Research 2–3 local auction houses in your target area - Start learning ARV (After Repair Value) — this is how investors know if a deal is actually a deal - Ask the auctioneer what you'll need to register and participate next time Month 1 is about removing the fear of the unknown. You don't need to be ready to buy. You need to be ready to learn. ✅ Month 2: Analyze + Network Now you shift from observer to analyst. Pick 5 properties from upcoming listings and run the numbers on every single one. A good starting point is the 60% rule: Max Bid = ARV × 60% − Estimated Repair Costs This keeps you from overpaying. For each property, estimate the after-repair value, what repairs it needs, and whether the deal makes sense at the auction price. Equally important — start building your team: - A hard money lender. Meet one before you need one. Hard money lenders care about the property value, not your credit score. - A contractor. Someone who can walk a property and give you a fast repair estimate. - A title company or real estate attorney familiar with auction purchases in your state. You don't need a perfect team. You need to start building one. ✅Month 3: Bid with Confidence By Month 3, you've attended an auction, analyzed properties, and connected with a lender. You're more prepared than most people who say they want to invest in real estate. Now place a bid.