It’s about time I start this journey

[Austin Janutol]

Hey everyone,

My name is Jay and I've been wanting to get into this real estate thing for a hot minute. My motivation? Financial Freedom. I work in construction and being  mid-30s while knocking out 12hr days (for the next 20+ years) isn't going to be the highlight of my life. The other thing that interests me is that once I learn this, through you all and experience, I want to teach it to others so that they can achieve the same thing. Lastly, I want to leave something behind so that my kids and future generations have a stepping stone to a better life. 

I have absolutely no idea what I'm doing and been pushing off joining because I never seem to have enough funds to "get into the game". I hope to find a mentor who can break it down Barney style for me. So yeah, that's a little bit about me. I'm always open to answering more questions, if you have any. 

but here's to starting this journey. Inches = miles.

[Jaron Walling]

@Austin Janutol Welcome to BP. There's a lot of resources on the website. The forums are a game changer if you're just starting out. Make it a weekly habit to check the website, read, read, and read some more. It's a free REI education.

You said you work in construction. Personal finances are your site plan. It has to be in order to build a strong foundation, follow a strategy, and then buy investment property. 

Every dime from our paychecks has a purpose (Dave Ramsey). Before I was married I budgeted but it wasn't very good. We automated our budget using Quicken Simplifi. Automate your income, set savings goals, and stick to it! NOBODY will do this for you. NO MENTOR will do this. YOU have to prove it to yourself. The small sacrifices start adding up. Once you're in that mindset you start looking at money differently. If you achieve a small goal the next is so much easier. Once you close on the first property the next one gets easier.  

Set clear goals: Define your financial objectives and risk tolerance.

Build a network: Connect with real estate professionals, lenders, and other investors.

Analyze Deals: Evaluate investment properties by considering factors like location, market demand, and cash flow.

Without a pile of cash, investor relationships, partnership, lucky deal, or a combination you'll grind it out (step-by-step) or find financial success in another way. REI is not for everyone. Creating passive income is difficult! It's a wonderful thing if you learn the process.

Best of luck man.