New to REI from Louisville, Ky

New to REI from Louisville, Ky

Louisville, KY · Member since 2017 · 8 posts · 2 votes

Hello BP! My name is Troy and I'm here to continue learning and to grow my network. So far I've only made one RE transaction which is my primary residence. I'm looking to acquire more SFR as well as Multi Family properties as well. I don't have much experience and almost no money but it has to be possible. I just need good advice to get me on the right path!

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Jonna WeberPro Member
Moderator
Investor · Boise, ID · Member since 2011 · 1k+ posts · 736 votes
9y

Thanks for posting on the forums and introducing yourself, @Troy Cole!  All the best in your journey, and I hope that you continue to learn and grow through BP.  It is an incredible resource!

I encourage you to look into any local meet ups that are close to you!  You'll be able to connect with some great, like-minded individuals!

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  • Jonna WeberPro Member
    Moderator
    Investor · Boise, ID · Member since 2011 · 1k+ posts · 736 votes
    9y

    Thanks for posting on the forums and introducing yourself, @Troy Cole!  All the best in your journey, and I hope that you continue to learn and grow through BP.  It is an incredible resource!

    I encourage you to look into any local meet ups that are close to you!  You'll be able to connect with some great, like-minded individuals!

  • James WilcoxBusiness Member
    Real Estate Agent · Bowling Green KY ~ Lexington, KY · Member since 2015 · 1k+ posts · 600 votes
    9y

    @Troy Cole welcome to BP and the REI community. To achieve anything in REI you are going to need a solid team. You will not be able to do it all by yourself so having others that are experts in their field will help you greatly. You need to know those team members have your back and can advise the best route to take.

    "House hacking" is my favorite and a great way to get started in REI. It would be something I would consider greatly for a first deal. It will mitigate some of the risks and lets you take advantage of less money out of your pocket to start. Also, you will quickly find out if REI is the right path for you in the future.

    Check out the local REIA since it is a great resource to learn more about REI and getting to know your local market.

    Good luck in all your future REI ventures!

    REI James w/ eXp Realty54 Reviews
  • Real Estate Agent · Louisville, KY · Member since 2017 · 46 posts · 19 votes
    9y

    @Troy Cole  Welcome to BiggerPockets! It's a great source for information and networking in this business! Read all the blogs, books, and forum posts you can and attend local investor meetups like KREIA to network with other investors! 

  • Dave VisayaPro Member
    Moderator
    Audio Engineer and Investor · Cebu City, Cebu · Member since 2013 · 7k+ posts · 881 votes
    9y

    Hello @Troy Cole, welcome to the site! Here are some good places to start: http://www.biggerpockets.com/meet - find and connect with other BP members that are in your area.

    http://www.biggerpockets.com/alerts - Set up keyword alerts to be notified of the topics that interest you.
    And, of course the
    http://www.biggerpockets.com/forums - ask any question about real estate!
    See you around!

    BiggerPockets
  • Louisville, KY · Member since 2017 · 8 posts · 2 votes
    9y

    @James Wilcox @Jonna Weber 

    @Cameo Bennett @Dave Visaya

    Thank you all for the advice!

  • Investor · Murfreesboro, TN · Member since 2013 · 430 posts · 178 votes
    9y
    Welcome Troy Cole !
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