Beginning my Real Estate Journey
Hi All,
By way of introduction my name is Tom Sulz and I am new to the BiggerPockets forums. I am 24 years old and have been interested in learning about real estate investing for the past couple of years. I just recently started my full-time job as a tax consultant a little over a year and a half ago and have saved up a good amount of money. In my free time I try to educate myself as much as possible on REI (Listening to podcasts, reading books, etc.)
Between the foundation of knowledge I have built and money I have saved over the past couple of years, I believe I am close to starting my real estate investing journey by buying my first rental property. I am looking to utilize the BRRRR strategy for my first property and will be searching in the Long Island, NY area. My mother has also recently become a licensed real estate agent so she has access to New York State's MLS.
Some of the questions I have and other information I was hoping to receive are as followed:
- How to identify a "good deal" amongst hundreds of listings?
- For others to share their stories about their first BRRRR property.
- Any other tips/advice.
Thanks!