Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
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

User Stats

1
Posts
2
Votes
Octavio Sanchez
2
Votes |
1
Posts

Tips for a beginner

Octavio Sanchez
Posted

Hi everybody this is my first post and I'm very interested in buying foreclosure homes in Arizona but I don't know where to really start or what websites to use and all that stuff so if anyone could be kind enough and give me a rundown on what I should know it would be very much appreciated 

User Stats

4,696
Posts
3,577
Votes
Nicholas L.
Pro Member
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Flipper/Rehabber
  • Pittsburgh
3,577
Votes |
4,696
Posts
Nicholas L.
Pro Member
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Flipper/Rehabber
  • Pittsburgh
Replied

@Octavio Sanchez

start with a house hack

good luck

  • Nicholas L.
  • User Stats

    8
    Posts
    8
    Votes
    James Clays
    • Real Estate Agent
    • Phoenix
    8
    Votes |
    8
    Posts
    James Clays
    • Real Estate Agent
    • Phoenix
    Replied

    Hey Octavio, 

    It is intimidating being a beginner in the real estate world, my advice would be to do your research and find what works best for you. I'd suggest doing a house hack or using the BRRRR method. You could also work with a broker and give them specifications on what you want and have them look for you, they will also be able to assist you on your real estate journey.

    NREIG  logo
    NREIG
    |
    Sponsored
    Customizable insurance coverage with a program that’s easy to use Add, edit, and remove properties from your account any time with no minimum-earned premiums.

    User Stats

    562
    Posts
    268
    Votes
    Mackaylee Beach
    • Real Estate Agent
    • Kansas City, MO
    268
    Votes |
    562
    Posts
    Mackaylee Beach
    • Real Estate Agent
    • Kansas City, MO
    Replied

    I suggest brainstorming your goals and clearly defining what attributes you are looking for in each property.

    User Stats

    19
    Posts
    4
    Votes
    Lindsay Tucker
    Agent
    Pro Member
    • Real Estate Agent
    • Denver, CO
    4
    Votes |
    19
    Posts
    Lindsay Tucker
    Agent
    Pro Member
    • Real Estate Agent
    • Denver, CO
    Replied

    Find an investor-friendly agent in your area — some RE pros specialize in foreclosure, so if after research you're confident that that's the way you want to go, I would find one who can work with you and help guide and represent you in your next transaction. 

    The Key Team  Logo

    User Stats

    1,198
    Posts
    801
    Votes
    Alan Asriants
    Agent
    • Real Estate Agent
    • Philadelphia, PA
    801
    Votes |
    1,198
    Posts
    Alan Asriants
    Agent
    • Real Estate Agent
    • Philadelphia, PA
    Replied
    Quote from @Nicholas L.:

    @Octavio Sanchez

    start with a house hack

    good luck


     Second this. Find a solid house hack. Find an agent on here that has experience doing something similar in your market and take it from there. 

    • Real Estate Agent New Jersey (#2323863) and Pennsylvania (#RS3399189)

    • 267-767-0111
    • [email protected]
    Alan Asriants - New Century Real Estate  Logo

    User Stats

    23
    Posts
    11
    Votes
    Edwin Watson
    Property Manager
    • Real Estate Agent
    • Indianapolis, IN
    11
    Votes |
    23
    Posts
    Edwin Watson
    Property Manager
    • Real Estate Agent
    • Indianapolis, IN
    Replied

    Hey @Octavio Sanchez

    As mentioned, getting started can be overwhelming so definitely take your time to research and determine your real estate goals. House Hacking is a great start, but I would suggest you set up a few meetings with local agents and brokerages that are investor-friendly to help you determine which areas in your market are best.