Homeowner · Lee's Summit, MO · Member since 2014 · 4 posts · 2 votes
Hello everyone!! My name is Jose Gonzalez and I'm trying to get into Real Estate Investing. I have determined that I have to do it. I tend to over analyze everything and eventually talk myself out of jumping in. I have read a lot of positive stuff here that are getting me motivated.
Hanford, CA · Member since 2013 · 5k+ posts · 1k+ votes
11y
Welcome to Biggerpockets!
You found the place to be! You will find no better place to build a solid platform than bigger pockets. The one thing we all agree up on is that we invest in real estate. Beyond that everyone has a different niche!
Good luck with your first investment next year! The key is not get stuck on analysis paralysis and just get started! The key is to figure out your goal. Evaluate the deals that will work to achieve it and than just get started! Our second deal was better than our first, our third better than our second and so forth.
We are buy and hold investors who invest in class A properties self-managing from a distance while working full time. So we do work on furthering our careers. We live very frugally allowing us to live off of one income and save the other. We have further our career and used the W2 income to leverage our real estate portfolio.
I highly recommend you also check out- the blogs, forums and listen to the podcasts. If you see a post you enjoy check out the persons signature. As many of us have created resources around our niche (websites, blogs, etc) so checking out the signature is a great to get more information. Make sure you don't miss out on networking is by filling out your signature, profile and pming people with questions.
Welcome to the community! BP has a tremendous amount of information to help you, but it is only available if you seek it out. Be sure to be as active and engaging as possible. Read blogs, post questions, and the podcasts are gold! The best free education you can get. Good luck!
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 rehabbers.
Consider checking out HUD homes for small multi's owner occupied gets first crack.
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
Rental Property Investor · Shawnee Mission, KS · Member since 2014 · 205 posts · 136 votes
11y
Welcome to BP - you don't live far from me. I decided to start a couple months ago and am closing on two properties in February, with three more in the works (all in MO). Spent first several weeks reading info on this site, researching the local areas, population trends, and searching for deals. I plan to buy-and-hold primarily but am looking closely at two nice flip opportunities which will fund a couple more down payments on SFRs. Good luck in 2015.