New to Real Estate · Chicago, IL · Member since 2020 · 3 posts · 1 vote
Hi Everyone,
I am a recent college graduate and I want to purchase a residential multi-family property within the next year or so. I have been listening to the Bigger Pockets podcasts, reading forums and speaking to property owners, and reading books to learn more. I have a pretty good idea about where and how much I would like to invest. However, I am wondering if there is something more I can be doing in the meantime. Should I be reaching out to friends and family for recommendations on contractors/handymen, getting in touch with local banks/credit unions, or finding a buyer's agent? If it is too early to take any of these actions, are there any specific topics I should focus on (i.e. landlording, renovating). Any advice is appreciated!
Always be networking. Even if you aren't currently in a position to start sending out offers you can still network with other investors. The most valuable thing you can have in your tool belt is a deep network especially when starting out.
I would focus on networking events and meetups in your area. If you are on social media you can also look for local Facebook groups which is a great place to find local investors and ask questions pertinent to your market.