Newbie from New York

9 Replies

Hello everyone, 

I stumbled upon this site and feel that I will hang here for a long time=) I am diving into new world of REI right now as deeply as I can and BP is full of useful information.

I am getting my real estate license and gathering as much information along the way to my first purchase and as my next step - I am figuring on working with the right Agency/Brooker. If there is any advice or direction you could point me in it will be helpful.

Thanks, 

Irina

@Irina Balueva

Welcome to the BP community. Ok, now that you have taken your initial step, below are some quick links to get engaged.

REI can be very daunting, but, before you go searching for that 1st buy, please take a few minutes to bone up on the tips in link below.

http://www.realestate.com/advice/buying-your-first-investment-property/

However, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

@Irina Balueva

Welcome to BP community! This is a great place to meet new friends and learn about various aspects of real estate and more. Here are a few recommendations for you: 

Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meet

Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts

Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing

If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box. He or she will be notified of being tagged so that the conversation will continue.

Wishing you the best!  

Irina:

Good afternoon, and welcome to BP! As you start this new endeavor, I would highly recommend sitting down with a mortgage/financial professional to come up with a plan to help you achieve your short-term goals that will give you the proceeds and resources to pursue and achieve your long-term goals.  Many new investors start off "too hot" and end up overdeveloping their first property or spending their money too fast - either of these behaviors will preclude you from achieving even your short-term goals and may knock you out of the game.  If you don't have a mortgage/financial pro, I would recommend connecting with a number of investors who have been successful (for more than 12 months) and asking them for a referral to their money person.  

I wish you the very best!

Grant

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