Rental Property Investor · New Haven, CT · Member since 2016 · 16 posts · 6 votes
Hello, my name is Asia B. I am brand new, starting fresh into the exciting world of Real Estate. I currently work full time as a bank teller so I spend a great time of the day studying how real estate works from a banks side of the deal. I took a few college courses on business administration, as I would like to be my own boss in the real estate world, and I have a few close contacts with some local real estate agents however that's as far as my knowledge goes. So basically i'm starting from scratch. I may also add that I currently rent my first apartment and with my lease being up in May 2017, I want to buy my first property, a multi family. Any tips on how I should get started? Anything is useful at this stage.
Also note: My credit is steadily going up, I will be at a 700 in no time, I don't have much of a savings, but I do make small deposits bi weekly to keep a trail that I CAN save, and no huge debt ( just a small secured CC ) aside from normal household expenses/bills. Thanks in advance!
Hey @Asia Bethea you just became a bigger person in real estate investing by signing up on Bigger Pockets! At Bigger Pockets, you can reach out to other real estate investors while completing deals successfully and correctly.
Once again, welcome to Bigger Pockets! You are not alone in your real estate ambition.
Welcome to the BP community! Have you read through The Ultimate Beginner's Guide? It's a good place to start as it takes you through basic strategies. Usually, a good place to start is to get a basic understanding, figure out which strategy best suits your situation and then start learning and doing step by step. Learn what you need for step 1 and then do it. Learn the 2nd step and do that. Keep going until you have completed your first deal and it's just repeat and grow in knowledge from there. Obviously, easier said than done, but don't feel that you have to learn everything before you make a move. That just gets overwhelming. There's a lot of people on here to help guide you through as well.
Hey @Asia Bethea you just became a bigger person in real estate investing by signing up on Bigger Pockets! At Bigger Pockets, you can reach out to other real estate investors while completing deals successfully and correctly.
Once again, welcome to Bigger Pockets! You are not alone in your real estate ambition.
@Brett Snodgrass Thanks so very much! I appreciate the tips & will make sure to follow them. I haven't read that book yet but I will make sure to grab a copy. Thanks again.