My journey has been at least ten years in the making of wanting to become an investor, but not ever finding the support or guts to start on my own. The What-If paralysis. I am also a single gal in my fifties who after divorce just bought a colonial for my own residence last year. I feel sometimes a bit 'late' to the table and woefully ignorant of the language and lingo in investing. BUT, I am a quick learner, a go-getter and would love to put my handpiece ( Dentistry ) down in the next few years and hoping this can be a significant step towards that goal. Hope to meet some friends and collaboraters here ( I feel I spelled that last word wrong, it's still in the red, but you know what i mean😂). Yvette
My journey has been at least ten years in the making of wanting to become an investor, but not ever finding the support or guts to start on my own. The What-If paralysis. I am also a single gal in my fifties who after divorce just bought a colonial for my own residence last year. I feel sometimes a bit 'late' to the table and woefully ignorant of the language and lingo in investing. BUT, I am a quick learner, a go-getter and would love to put my handpiece ( Dentistry ) down in the next few years and hoping this can be a significant step towards that goal. Hope to meet some friends and collaboraters here ( I feel I spelled that last word wrong, it's still in the red, but you know what i mean😂). Yvette
Welcome to BP. Got to take the plunge at some point.
My journey has been at least ten years in the making of wanting to become an investor, but not ever finding the support or guts to start on my own. The What-If paralysis. I am also a single gal in my fifties who after divorce just bought a colonial for my own residence last year. I feel sometimes a bit 'late' to the table and woefully ignorant of the language and lingo in investing. BUT, I am a quick learner, a go-getter and would love to put my handpiece ( Dentistry ) down in the next few years and hoping this can be a significant step towards that goal. Hope to meet some friends and collaboraters here ( I feel I spelled that last word wrong, it's still in the red, but you know what i mean😂). Yvette
Welcome to BP. Got to take the plunge at some point.
So glad you shared this, because you’re 100% not alone in those feelings. The fact that you’ve already taken the leap by buying your own home, showing up here, and committing to learn says everything about your mindset. You’re absolutely not late, and you’re in a perfect position to start. Real estate investing isn’t just for people in their 20s or 30s. Some of the most successful investors I know got started in their 50s and beyond with zero background in the “lingo,” just like you.
If your goal is to step away from dentistry and replace income gradually, long-term rentals in affordable, landlord-friendly markets like Memphis can be a great first step! Low entry points, solid cash flow, and teams already in place to help out-of-state investors like you. You don’t need to know everything right away! Just keep learning, run a few numbers weekly, and connect with folks doing what you want to do (and by the way, you spelled “collaborators” almost perfectly 😂). You’ve got the guts! You’re just now giving yourself permission to use them! Happy to help & answer your questions if you ever set your eyes on the Memphis, TN market!
Lender · Marlboro, NJ · Member since 2025 · 243 posts · 150 votes
1y
Welcome, Yvette! It’s never too late to start! Your story is inspiring. I work with new investors regularly to help them understand their financing options and build confidence to take that first step. If you’re ever curious about how the numbers could look for your first deal, feel free to message me. Happy to support however I can
Welcome to BP and congrats as you're getting started on your investing journey. Taking that first leap can be the hardest part, so kudos to you for jumping right in. I'm a licensed Realtor and focus solely on out of state investors that are looking to start or grow their real estate investment portfolios, so feel free to let me know if there's anything I can help with.
Attorney · 10451 Mill Run Cir #755 Owings Mills, MD 21117 · Member since 2024 · 505 posts · 181 votes
1y
Yvette first off you are not late to the table at all and I think it's amazing that you're even putting yourself out there after such a big life transition A lot of successful investors don't start until their forties or fifties so you're in great company The fact that you already own your own colonial home shows you've got a solid foundation and that drive to learn quickly is going to carry you far My advice would be to start small maybe a house hack or a simple long term rental here in Maryland so you can learn the ropes without overwhelming risk Also don't be shy about joining local real estate investor meetups or REIA groups it's the best way to learn the language and build connections You've got the mindset and motivation and that's half the battle already