Seale, AL · Member since 2022 · 11 posts · 7 votes
Hello, I am new to membership, but ive been listening A LOT to your podcasts. I think it provides incredible value. Accidentally, I own 1 rental property and I like the income it provides. I am closing on a second property this friday and I want to learn from and be inspired by others in their journey to financial freedom.
Hey @Joseph Messinger Welcome to BiggerPockets! You have hit the JACKPOT of resources for real estate investors. You can literally find answers to all of your questions within the confines of this site. What’s the best way to get started using BiggerPockets?
1.Subscribe to the BiggerPockets Money and Rookie Podcasts 2.Attend the FREE WEBINARS 3.Attend a Meetup in Your Area / virtual meet ups 4.Purchase the Beginner Books: How to Invest in Real Estate, Set for Life, The House Hacking Strategy 5.Peruse the forums! Ask questions! Answer Questions! If you are consistent with learning real estate over the next 4-6 months, you’ll be ready to purchase your first (or next) property in NO TIME!
Good luck, Ryan Doner Investor Friendly Agent in Denver
Hey @Joseph Messinger Welcome to BiggerPockets! You have hit the JACKPOT of resources for real estate investors. You can literally find answers to all of your questions within the confines of this site. What’s the best way to get started using BiggerPockets?
1.Subscribe to the BiggerPockets Money and Rookie Podcasts 2.Attend the FREE WEBINARS 3.Attend a Meetup in Your Area / virtual meet ups 4.Purchase the Beginner Books: How to Invest in Real Estate, Set for Life, The House Hacking Strategy 5.Peruse the forums! Ask questions! Answer Questions! If you are consistent with learning real estate over the next 4-6 months, you’ll be ready to purchase your first (or next) property in NO TIME!
Good luck, Ryan Doner Investor Friendly Agent in Denver
Thanks Ryan! Im looking through the site now. I think I am going to go PRO in a few days....
@Joseph Messinger Sounds like a big house. The majority of investors will tell you pools are a liability and they don't mess with them. It's about to be your investment. You get to call the shots!
Welcome to BP Joseph. What are you short and long term investing goals?
Great question. Very short term goal is to get a renter in my new property. Super long term goal, cash flow of 20k/month. Between those 2 goals, a lot of experience!
You're in the right spot for advice and sustaining the right mindset to achieve your goals. There's an abundance of resources here on BP, make sure you use them all! 🙂
Hello, I am new to membership, but ive been listening A LOT to your podcasts. I think it provides incredible value. Accidentally, I own 1 rental property and I like the income it provides. I am closing on a second property this friday and I want to learn from and be inspired by others in their journey to financial freedom.
I always recommend the book “Rich dad, Poor dad” by Robert T. Kiyosak to anyone starting out. You're already on the right path by listening to the BiggerPockets podcast. Start growing your network, look on Facebook/BiggerPockets for different events, find a mentor doing what you want to do, and get to know the local lenders/brokers.
Try to attend your local REI networking groups and meetups. Connect with as many real estate mentors as you can. You can also consult with lenders, brokers and ask them for suggestions on who might be a good real estate mentor most will be able to provide one.
Hey Joseph, congratulations on the first rental property! Even if it is an accident, still counts :) My personal journey is similar to yours - I just keep house hacking once a year and keeping the previous one as a rental. This is a super accessible way for people to get into real estate investing
So, an update. I have a good lead on a prospect for a tenant. One of the options we are considering is a rent to own agreement. Where is the best place to get smart on this? Do you recommend anyone?
@Joseph Messinger Congrats again man! We did the same last night for one of our SFR. We found tenants in the dead of winter so I couldn't be happier. Didn't think it was going happen for awhile.