New in North Atlanta (Lake Lanier) WANT TO LEARN

New in North Atlanta (Lake Lanier) WANT TO LEARN

Sales · Peachtree City, GA · Member since 2014 · 6 posts · 0 votes

Hey everyone! Love this site and would like some advice and help on starting out in Real Estate Investing. I currently work in Insurance Sales and have had a great desire to break into REI.

I want to start out down the right path to get started in rehabbing, flipping and long term rentals. I know that it is gigantic task and big education but I am going to give it my all. 

Look forward to connecting.

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Lender · Tucson, AZ · Member since 2015 · 279 posts · 91 votes
11y

Eric:

Good afternoon, and welcome to BP! Here's some food for thought:

Before you make your first investment, meet with a mortgage/financial professional. They'll ask you to share your short- AND long-term goals, and then they'll help you construct a plan that will do two things:

1. Achieve your short-term goals that will produce proceeds and resources that will,

2. Give you the wherewithal to pursue and achieve your long-term goals

Many investors start off "too hot", and they either overdevelop their first property or they spend their money too fast - either of these behaviors will stop you dead in your tracks, and you probably won't even be able to achieve your short-term goals - and you certainly won't have the resources to pursue your long-term goals. Since you're not paying a mortgage pro for consulting, it's in their best interest to give you a solid plan so you're successful.

I wish you the very best!

Grant

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  • Lender · Tucson, AZ · Member since 2015 · 279 posts · 91 votes
    11y

    Eric:

    Good afternoon, and welcome to BP! Here's some food for thought:

    Before you make your first investment, meet with a mortgage/financial professional. They'll ask you to share your short- AND long-term goals, and then they'll help you construct a plan that will do two things:

    1. Achieve your short-term goals that will produce proceeds and resources that will,

    2. Give you the wherewithal to pursue and achieve your long-term goals

    Many investors start off "too hot", and they either overdevelop their first property or they spend their money too fast - either of these behaviors will stop you dead in your tracks, and you probably won't even be able to achieve your short-term goals - and you certainly won't have the resources to pursue your long-term goals. Since you're not paying a mortgage pro for consulting, it's in their best interest to give you a solid plan so you're successful.

    I wish you the very best!

    Grant

  • Professional · Carlsbad, CA · Member since 2012 · 12k+ posts · 1k+ votes
    11y

    @Eric Gleaton

    Welcome to Bigger Pockets. Make sure to check out all the informative podcasts.

  • Marysville, WA · Member since 2015 · 136 posts · 19 votes
    11y
    Originally posted by @Grant Greene:

    Eric:

    Good afternoon, and welcome to BP! Here's some food for thought:

    Before you make your first investment, meet with a mortgage/financial professional. They'll ask you to share your short- AND long-term goals, and then they'll help you construct a plan that will do two things:

    1. Achieve your short-term goals that will produce proceeds and resources that will,

    2. Give you the wherewithal to pursue and achieve your long-term goals

    Many investors start off "too hot", and they either overdevelop their first property or they spend their money too fast - either of these behaviors will stop you dead in your tracks, and you probably won't even be able to achieve your short-term goals - and you certainly won't have the resources to pursue your long-term goals. Since you're not paying a mortgage pro for consulting, it's in their best interest to give you a solid plan so you're successful.

    I wish you the very best!

    Grant

    Great advise Grant!

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