Newbie from Brooklyn,NYC Looking for a Mentor

Newbie from Brooklyn,NYC Looking for a Mentor

Brooklyn, NY · Member since 2013 · 24 posts · 5 votes

Hello BP community!!... I've been following this BP community for a year now as a free member and I think that this place rocks!!! so i decided to join as a Pro member after I attended a webinar by @Brandon Turner on 9/26 which was AWESOME... Anyway... I have been investing in my financial education over the years (2003) via every "GURU" course that exist (LOL). from Carlton Sheets to Russ Dalbey , to eventually Armando Montallango, all of which I worked my butt off to no avail, so laziness was not my problem. I figured that not having a mentor was my problem so I went and payed $2500 for a mentor promoted by the guru and all they did was reiterate the material that was in the book verbatim which up to this point is basically useless! as far as a mentor goes. Thank GOD for BP because I almost gave up on RE because I started to believe that the whole buying, Flipping,etc real estate with bad credit and no money is a complete falsehood that the guru's made up to get ppl to make them (guru's) fortunes. However I have a new found faith in this reality because of BP. Thanks to the forums I get to witness things actually happen to let me know that it can be done without paying some guru thousands of dollars just to teach you the ropes. I watched how @Tyler Bond made $100k in less than 12 months!! (awesome) and I aspire to repeat the same success as you my friend!!.  Within the past 3 years I did learn how to somewhat read the tempo of the NYC market and I've been spot on with calling what changes would happen for the past 2 yrs. I just wasn't able to capitalize from my knowledge due to the lack of having a real mentor which lead to fear of being prayed upon by unscrupulous agents and lenders. I'm hoping that now that I have my BP constituents I am that much closer to finally closing my very first deal and I am soooooo excited. I'm looking forward to creating profitable relationships with everyone here. 

Happy and Prosperous Investing Everyone!!!   

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  • Investor · Bronx, NY · Member since 2014 · 115 posts · 37 votes
    11y

    Wishing you the best as you jump abroad real estate investing!!!

  • Queens NY, NY · Member since 2013 · 467 posts · 107 votes
    11y

    @Tory Ellis ...welcome aboard and good luck on the first deal you got going.

    There is a reason they call them "GURU"....all they do is blow a whole lot of smoke..

    See you around the site.

  • Ned CareyPro Member
    Moderator
    Investor · Baltimore, MD · Member since 2008 · 17k+ posts · 13k+ votes
    11y

    @Tory Ellis  A belated welcome to BP and congratulations on your first post. You might  find this post helpful How to Find a Mentor

  • Brandon TurnerPro Member
    Investor · Maui, HI · Member since 2009 · 13k+ posts · 3k+ votes
    11y

    Hey @Tory Ellis welcome to the site! I'm glad you joined the site! Definitely jump in the site and interact with the great people here. Be sure to read through The Ultimate Beginner's Guide to Real Estate Investing to help you get started. And finally -be sure to setup some keyword alerts - especially for "Brooklyn" so you can jump into local conversations.

  • Specialist · Rockland, MA · Member since 2010 · 7k+ posts · 2k+ votes
    11y

    @Tory Ellis 

    Welcome. Time to build the legacy and foundation below.

    Check out the Start Here page http://www.biggerpockets.com/starthere

    Two Great reads, I bought both J. Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbook

    Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet wholesalers who provide deals and all the cash buyers (rehabbers) you will need.

    You might consider Niche or Specialized Housing like student housing. Rents can be 2-4 times more. Remember you don't have to own a property to control it.

    Download BP’s newest book here some good due diligence in Chapter 10. Real Estate Rewind Starting over

    http://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-book

    Good luck

    Paul

  • Brooklyn, NY · Member since 2013 · 24 posts · 5 votes
    11y

    Thanks everyone for the warm welcomes it honestly makes a person feel good!!. @Ned Carey thanks for the great post, I read the entire thread!. Hey ask and ye shall have!. @Brandon Turner I've read that and about 85% of the blogs as well as listened to almost all of the podcast this past 2 weeks.. lol. @Paul Timmins Those J.Scott books are on my must read list! and I'm currently enjoying the 5th chapter of the real estate rewind book which I must say is a awesome read for a beginner!!!. So thanks  all of you who took the time to write this book for us to learn from your mistakes!!!. Thanks Ned,Brandon and Paul for your guidance!!! This is like having a Big brother/sister program on steroids lol!!!...         BP ROCKS!!!

  • Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
    11y

    Welcome to BP community, Tory! It is a great place to meet new friends and learn about various aspects of real estate and more. 

    Wishing you the best! 

  • Hanford, CA · Member since 2013 · 5k+ posts · 1k+ votes
    11y

    Welcome to Biggerpocket!

    Definitely check out the blogs, podcast and forums. Another great source of information is individual blogs found in peoples signatures. Many of us including myself write about our niche. The only thing we all agree about is investing in Real Estate. Beyond that there are many different style and types of investing. My blog/website is about long distance self management, landlording, investing in class A investments, investing in a transient lifestyle, etc.

    Good Luck ! Look forward to seeing you around!

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