newbie not yet started investor from Denmark north sjaelland

7 Replies

hey guys, my name is Hans and i'm from Denmark, Europe. i can't start real estate investing aka owning proprieties yet because i am to be out of country for two years for my church. my plan is to invest in multi family apartments when i return and later on become a jack of all trades. Not just in real estate but in a company entrepreneur point as well. I'd planed to use the two years out of country to invest my money into hard money lenders or private, to get the most use out of my bucks while i'm gone. i found BP through the BP podcast on Itunes through mixergy an episode interviewing Joshua Dorkin, and could not be happier to find BP :)

i had interest in real estate when i was a little kid about 12 of age, and have now come to my interest again 8 years later at an age of 20. i have a dream of becoming on of the most successful people to ever walk this earth. i know, crazy kid here talking big. but that's just me. its awesome to be here, I'm super pumped to learn and experience this spectacular business for the next many years. thank you if you read this, though its long. this was Hans Ravn from Denmark and talk soon ;)

ps. if you have anything to ask, just leave a comment and i will write back :)

Welcome @Hans Christian Engholm Ravn . Becoming a jack of all trades is a good long term goal, but do be sure to specialize on the way there. If you try to cover too many bases at once you will have a very difficult time becoming great at any of them. Work on your skills in pieces. Once you are content with one step then go to the next one. There's a reason handymen "Jack of All Trades" get paid one level and the specialists get paid much more. 

As for investing, if you plan on using your money as a lender until you are ready the first question is do you have enough to lend? With the lending side of things your money can easily be lost if you are not the primary lender on a project. If the borrower screws up the project and loses it then the primary will get paid first from the proceeds then whatever is left will trickle down the line. Just something to think about as you work on your plan.

Welcome to BP Hans Christian Engholm Ravn! Good to have you. I'm new here too. Those two years will be a great time to study up on all this. I'm learning how much I don't know at the moment.

Thanks a lot for your wise words Dan Mackin, i was planing to take on spec. at a time in becomming a jack of all trades and i planed for it to take at years to accomplish, thank god im young ha ^^ but any ways appreciate the words, its great to get qualified response and will take your words dearly. Thanks again man! :)

welcome you to then bret burkett, its great not to be the only up an coming in the business, and thank you i was dearly planed to study for the two years ahead that's why i'm here ^^ and you to. may your learning be a profitable one :)

well i must say i was surprised to get a mail saying the big man Joshua Dorkin left a comment, thank you for this great community and the podcast its great to have something productive to do on side time. may the future be bright :)

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

We hate spam just as much as you