Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago on . Most recent reply

User Stats

3
Posts
2
Votes
Jonathan Chang
  • New to Real Estate
  • Maryland
2
Votes |
3
Posts

Real estate resources that isn't fluff

Jonathan Chang
  • New to Real Estate
  • Maryland
Posted

Hello everyone! Do you have any recommendations for resources that provide very detailed, practical, how-to guides? There are many resources out there that are just fluff, motivational speeches, and just feel-good rhetoric.  Sure, the most important aspect of real estate is to do it, but I need more substantial guidance. My goal is to invest in multiple properties and rent them out to make passive income. I appreciate BP and there are great resources on here already, but I also like to hear from others and gain their insight.  Thank you for your time!

P.S. I would consider myself somewhat new to the game. I have one property in Texas and just bought some land in Missouri to build a house on.  

Most Popular Reply

User Stats

217
Posts
133
Votes
Nick Shri
  • Rental Property Investor
  • Virginia
133
Votes |
217
Posts
Nick Shri
  • Rental Property Investor
  • Virginia
Replied
Quote from @Jonathan Chang:

Hello everyone! Do you have any recommendations for resources that provide very detailed, practical, how-to guides? There are many resources out there that are just fluff, motivational speeches, and just feel-good rhetoric.  Sure, the most important aspect of real estate is to do it, but I need more substantial guidance. My goal is to invest in multiple properties and rent them out to make passive income. I appreciate BP and there are great resources on here already, but I also like to hear from others and gain their insight.  Thank you for your time!

P.S. I would consider myself somewhat new to the game. I have one property in Texas and just bought some land in Missouri to build a house on.  

How much time have you spent on the forums here? I find 95% of the material informative in BP forums. And as you mentioned in your post - to do it, take action. What exactly are you looking for? You mentioned you want to invest in multiple properties and rent them. Here is a list of my questions - what type of properties, where, how big, long term/short term, self manage or remote?

Since you consider yourself new to the game, here is my advice -
-understand how investment works
-understand investment strategies - cash, leverage, syndication, partnerships and so on
-understand property type - turnkey, off-market, on-market and so on
-identify how much you wish to / can (realistic) invest?
-identify the location
-identify the type of properties (narrow down your scope)
-understand borrowing
-understand relationships with agents, wholesalers
this list can be generic and very long, but as you keep narrowing down your choices, the fluff will self evaporate

Watch some videos here on BP about how to buy your first rental property, listen to podcasts, interact with other investors...good luck to you on your journey!

Loading replies...