When do you say you aren't a newbie anymore?

When do you say you aren't a newbie anymore?

Member since 2019 · 18 posts · 5 votes

Just a light hearted conversation starter here.... when do/did you consider yourself not a newbie anymore in real estate investing?  Was it after your first, fifth, 20th?  I

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Ned CareyPro Member
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Investor · Baltimore, MD · Member since 2008 · 17k+ posts · 13k+ votes
6y
@Aaron K. I thought you were going to say “when you don’t have to ask questions like that any more”
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  • Property Manager · Richmond, VA · Member since 2018 · 204 posts · 297 votes
    6y

    When you've posted over 128 times on BP you can pretty much consider yourself an expert at everything, but that's just my opinion.

  • Dan H.Pro Member
    Investor · Poway, CA · Member since 2015 · 7k+ posts · 8k+ votes
    6y

    I hope to be constantly learning and in some areas feel that I am still a newbie even though I have done this for a long time.

    However, when I have had multiple inquiries about mentoring RE investors, it makes me feel like an expert.  I am on my second protégé.  My first protégé has 3 properties (5 units) in expensive San Diego county.  He is now a competitor in my market.  My second protégé has zero properties and has not been as eager as the first protégé.  The first protégé, when I asked him to do something, it was always done ASAP.  The second protégé has yet to complete one of the first things I asked them to do.  

  • Rental Property Investor · Augusta, GA · Member since 2016 · 348 posts · 171 votes
    6y

    @Jeremy Goldizen great question. I stopped calling myself a newbie when I began to have the confidence that I knew what the heck I was talking about!

  • Martin NealPro Member
    Rental Property Investor · Chicago, IL · Member since 2017 · 293 posts · 383 votes
    6y

    I’d say a combination of deals and years. At least one year and 3-5 deals. The first deal is the eye opener.

  • Rental Property Investor · Erie, PA · Member since 2018 · 6k+ posts · 9k+ votes
    6y

    After you have given your apartment building several bed bug treatments

  • Investor · Philadelphia, PA · Member since 2015 · 3k+ posts · 3k+ votes
    6y

    When you get tired of answering the same repetitive questions that newbies post on the forums.

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