Newbie investor want to learn more

Member since 2020 · 9 posts · 3 votes

Hey I’m a newbie investor or should I say aspiring newbie investor and I kind of wanted to know what I could do to enhance my knowledge on real estate investing.

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Nicholas L.Pro Member

Flipper/Rehabber · Pittsburgh · Member since 2018 · 6k+ posts · 5k+ votes

@Jacques Laplante

-listen to every episode of the BP money podcast and the BP rookie podcast.

-call a bunch of different lenders and find out how much financing you qualify for. This is free (but they'll check your credit.)

-are you carrying debt? Are there ways to reduce your DTI? Can you save more each month?

-try to find some investor friendly real estate agents in your area. Look at online reviews.

-make a spreadsheet of properties that look interesting to you on Zillow, and run the numbers as rentals using online calculators.

-post SPECIFIC questions on BP (after researching the topic of the question, to see what's already been posted.)

-read a couple of Brandon Turner's books.

-watch the BP webinars each week.

-find a local REIA meet-up (many are virtual these days)

-sign up for creditkarma and monitor and improve your credit.

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Nicholas L.Pro Member
Flipper/Rehabber · Pittsburgh · Member since 2018 · 6k+ posts · 5k+ votes
6y
@Jacques Laplante
-listen to every episode of the BP money podcast and the BP rookie podcast.
-call a bunch of different lenders and find out how much financing you qualify for. This is free (but they'll check your credit.)

-are you carrying debt? Are there ways to reduce your DTI? Can you save more each month?

-try to find some investor friendly real estate agents in your area. Look at online reviews.

-make a spreadsheet of properties that look interesting to you on Zillow, and run the numbers as rentals using online calculators.

-post SPECIFIC questions on BP (after researching the topic of the question, to see what's already been posted.)
-read a couple of Brandon Turner's books.
-watch the BP webinars each week.
-find a local REIA meet-up (many are virtual these days)
-sign up for creditkarma and monitor and improve your credit.
2 Reply
Account Closed
Kingsland, TX · Member since 2018 · 164 posts · 86 votes
6y
@Nicholas L. really hit everything! The BiggerPockets Webinars really helped me!
0 Reply
Stone Saathoff
Investor · San Antonio, TX · Member since 2019 · 576 posts · 307 votes
6y
Learn and put things in place to get started. Be laser focused, not the jack of all trades. Find what works for you, become an expert.
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Jacques Laplante
OP
Member since 2020 · 9 posts · 3 votes
6y
@Nicholas L. Thanks for this I really wanted to get into real estate but it’s hard when you don’t really know where to start
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Nicholas L.Pro Member
Flipper/Rehabber · Pittsburgh · Member since 2018 · 6k+ posts · 5k+ votes
6y
@Jacques Laplante I agree. Be patient. Save money. Listen to podcasts.
0 Reply
Dmitriy Fomichenko
Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
6y
@Jacques Laplante

Welcome to the BP family! Good to have you here! Here are some recommendations for you:

Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/users
Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts
Read Beginner’s Guide: https://www.biggerpockets.com/podcast
Wishing you the best!

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