New Investor From Huntsville

New Investor From Huntsville

Huntsville, AL · Member since 2014 · 36 posts · 3 votes

Hi BP,

I am a 29 year old beginner in REI and I have recently moved to the Huntsville, Alabama (Madison county) area. My plan is to start in wholesaling and then invest in multiple rental properties to bring financial freedom to my family. All while working full time as an Engineer. I am ready to take action, but first I would love to shadow an experienced real estate investor. Especially a wholesaler.

I need a break from reading so much and would like to see how REI deals go down up close. I am sure I can bring great value to anybody who doesn't mind letting me shadow them for a while.

Once I learn enough, I plan on working in REI until I am extremely successful. And hopefully have a great partnership with my mentor and give back to them the way they gave to me.

Who's ready to have a great future partner?

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  • Ned CareyPro Member
    Moderator
    Investor · Baltimore, MD · Member since 2008 · 17k+ posts · 13k+ votes
    12y

    @Lawrence Walker welcome to BP. A mentor is great but don't wait until you find a mentor. You can start moving forward without one. By moving forward I do not mean jump into a deal before you are ready; but you can learn here, go out into the market and start looking at properties, and network to build your connections.

    I suggest you check out this Ultimate Free Beginners Guide

    If you want a mentor check out this blog post How to Find a Real Estate Investing Mentor

  • Huntsville, AL · Member since 2014 · 36 posts · 3 votes
    12y
  • Real Estate Investor · the villages, FL · Member since 2008 · 5k+ posts · 3k+ votes
    12y

    You'll get lots of good advice on here and you'll learn a lot. Your same question has been asked here a lot and I'm pretty sure that no one has actually found an investor to shadow. I've actually had multiple people offer to work for me at ZERO cost, just to see what I do. I figured that would cost ME time and money. Good luck. Rich

  • Huntsville, AL · Member since 2014 · 36 posts · 3 votes
    12y

    Thanks guys for the honest advice. I will start off by going to my first REI meeting on Thursday.

  • Madison, AL · Member since 2014 · 9 posts · 6 votes
    12y

    Hey @Lawrence Walker

    Im pretty much in the same boat, as I have minimal connections but the desire to learn as quickly as possible. Ive been reading mostly to get my education up to par. But ive also been looking for deals everywhere, that way to entice potential partners/mentors to work with me so that they get paid for their time and i get the most important resource to me, which is experience. I plan to attend the REIA meeting this Thursday as well, glad to know that there will be inexperienced investors there as well, ha.

  • Huntsville, AL · Member since 2014 · 36 posts · 3 votes
    12y
  • Aaron ScottPro Member
    Investor · Huntsville, AL · Member since 2013 · 29 posts · 5 votes
    12y

    So how did the meeting go guys? Was it beneficial, I've been planning on going to the next one but I didn't realize there was one in the Huntsville area back in April. Guess I may have been looking in the wrong places.

  • Huntsville, AL · Member since 2014 · 36 posts · 3 votes
    12y
    It was very beneficial. The President, Zach did a great presentation on different investing options. There were some good networking opportunities also. The next one is June 10th @ 6,100 Castle Dr. Madison, AL 35758.
  • Aaron ScottPro Member
    Investor · Huntsville, AL · Member since 2013 · 29 posts · 5 votes
    12y

    Thanks for the response.. I'll def have to get to the next one. For some reason I thought there was going to be a void for a few months until July, not sure where I got that from.

  • Rental Property Investor · Mineola, NY · Member since 2014 · 838 posts · 212 votes
    11y

    @Lawrence Walker I am an investor looking to buy some larger multifamily properties. I wanted to connect with a local investor who wanted to be boots on the ground and find some nice off market properties.

  • Mortgage Note Investor & Multi-Family Property Investor · San Diego, CA · Member since 2010 · 177 posts · 51 votes
    11y

    Hi Lawrence,

    Welcome to Bigger Pockets. I discovered BP a while ago but didn't really get involved until recently. I'm sorry I waited so long to "plug in". BP is an awesome resource.

    I am a cash flow investor. I have been a landlord since 1982 and I have also flipped a fair numbers of homes over the years.

    A couple of years ago I discovered the "paper" side of the real estate investment world. I purchased my first Mortgage Note. I have been actively acquiring Notes for passive cash flow since that time.

    I like the the passive nature, the safety and the cash flow that I receive from Performing Mortgage Notes. I still own "brick & mortar" real estate but my end game is to be 100% in paper at some point.

    I upgraded to BP Pro & upgraded my profile. Check it out.

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