Young investor new to owning rentals - looking for help!

Young investor new to owning rentals - looking for help!

Scottsdale, AZ · Member since 2017 · 8 posts · 2 votes

Hey folks!

Newbie to the Real Estate investing scene here, and I'm very interested in owning rental properties. I plan to start out small - looking to purchase my first "small" rental.

To be honest, since I'm new to this form of investing, I'm a bit nervous in taking the steps to own my first property and I'd like to consult with someone who has a good amount of experience in the industry - someone almost like a mentor, I guess.

If anyone is out there who is interested in helping me out or being a point of contact for me and my beginner questions, please let me know! Your help would be greatly appreciated.

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  • Investor · Downers Grove, IL · Member since 2015 · 1k+ posts · 955 votes
    9y

    @Joe R.

    Listen to all the podcasts, read the blogs, recommended books, participate in the forums (but don't trust everything you read). 

    More importantly, go network in your local REIA. Show up consistently and learn. It will accelerate your learning process, plus more importantly expand your network.

    Like J Scott mentioned before, your mentor chooses you. Not the other way round. Or you can pay a coach, with experience, for help. 

  • Scottsdale, AZ · Member since 2017 · 8 posts · 2 votes
    9y

    @Chris T. Thanks for the info, Chris! I appreciate it!

  • Rental Property Investor · Fuquay-Varina, NC · Member since 2013 · 381 posts · 308 votes
    9y

    @Joe R. I agree- go to your local REIA meeting to meet other investors. Also, make sure to ask a lot of questions on BP- the people on here can be a great resource for you.

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