First Time Real Estate Investor looking for guidance.

First Time Real Estate Investor looking for guidance.

Member since 2020 · 2 posts · 0 votes

Hi everyone, this is my first post here on BiggerPockets and I am looking for some tips on where I should start off in the world of real estate investing. From what I have read it seems like BRRRR is a popular investment strategy and if anyone has some insight on it I would love to hear more about it. Some background information on myself, I just graduated college with a degree in accounting and I am fortunate to have received a gift of $150,000 cash from my parents to start an investment portfolio. I will be working a 9-5 job but I plan on doing real estate full time in the future. I look forward to learning more about real estate investing and am open ears to all strategies out there.

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  • Shawn MoreyPro Member
    Property Manager · Burbank, CA · Member since 2009 · 74 posts · 19 votes
    6y

    What area are you located in and what area would you like to invest in?

    Some suggestions I would have it to take advantage of this site:

    - Set up keyword alerts in your area

    - Read forum and blog posts

    - Get all of the BP books that you can read

    - Attend ALL local investors meet ups (Even if on zoom right now with Covid)

    and figure out the best investment strategy for you

  • Member since 2020 · 2 posts · 0 votes
    6y

    Hi Shawn,

    Thank you for your advice, I have already ordered some books off amazon and am looking forward to learning more about REI! I currently am in Chicago but will eventually need to move to NYC once remote work is no longer required. As for investing locations I haven't decided yet, I am currently trying to learn as much as I can about REI

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