New beginning investor from Arizona

[Graham Hanson]

I am a new investor in Arizona, looking to get in to the world of investing in assets and making money to help me through college! I hope everybody here will be able to help mentor me into becoming a more successful person!

[Grant Greene]

Graham:

Good afternoon, and welcome to BP! As you start this new endeavor, I would HIGHLY recommend sitting down with a mortgage/financial professional (there's no charge) and sharing with him your short- AND long-term goals in REI. When you do that, he'll be able to help you construct a plan that will achieve your short-term goals that will result in proceeds and resources that will help you pursue and achieve your long-term goals - it's all one master plan. Many investors start off "too hot" by either overdeveloping their first property or spending their money too fast - either of these behaviors will sink your ship quick and disable you from even achieving your short-term goals. Game over.

If you don't have a mortgage/financial pro, I would recommend approaching a handful of investors who have been successful (for more than just 12-18 months) and asking them for a referral to their "money" guy.  I wish you the very best!

Grant