Overcoming Roadblocks as a Young Investor
Hi Everyone!
I'm new to the BP forum, but I've been receiving education in Real Estate for about 2 years now. As you can see, I've been stuck with Analysis Paralysis for a while now. I have not yet bought my first investment property and one of my biggest obstacles is funding. I'm 21, office assistant at a Real Estate Development company and I happily support my family financially. The lack of capital has been one of my biggest obstacles. My goal is to invest in multifamily and as I scale, I want to build a townhome subdivision (I have personally always loved townhomes). I often practice analyzing leads as they come to my email, and continue to educate myself, but I have not made the move yet.
So, I hear networking is key, but I've been to several real estate meetups in my area and it seems like everyone is there for the drinks or not really willing to collaborate (especially with new and young investors). My main goal as far as networking right now, is to find an investor or lender (both preferably), to whom I can add value by bringing a deal, helping in any administrative task, or honestly, anything they need, in exchange for guidance and investment in my first small multifamily property. Where can I search for this person If I haven't found any in my area?
And honestly, if I'm doing this wrong, I'm open to critics/corrections too.