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Updated almost 7 years ago on . Most recent reply

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Reed Cao
  • Tucson, AZ
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Looking to meet people in Tucson

Reed Cao
  • Tucson, AZ
Posted

Hello Everyone!

My name is Reed and I am new to real estate and looking into getting my first home this year. I have been listening to BiggerPockets for about 2 months and have learned so much from it, and am looking to continue to expand my knowledge as well as grow my network in Tucson. I would love to meet with anyone interesting in getting together over coffee/lunch/drinks to discuss ideas, potential deals, partnerships, etc. My goal is to use real estate to build one pillar of wealth, and be able to quit my job in 5 years.

Thanks!

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Naftali Tolibas
  • Tucson, AZ
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Naftali Tolibas
  • Tucson, AZ
Replied

Hey @Reed Cao

I started off like you about 11 months ago and have just recently closed on my first property. You're doing all the right things! Taking action is definitely a step in the right direction.

Here are a few ways to start:

1) Educate yourself. Forums, Podcasts, books, Youtube. Eat sleep breathe Real Estate. Get to know the lingo. Get to know your market, whats the median price, what's considered a 'deal'? What's the rents like? etc. Seems like you're on the right track with the Podcasts.

Here's the link to the beginner's guide: http://www.biggerpockets.com/real-estate-investing

A link to the podcast: http://www.biggerpockets.com/renewsblog/category/podcast/

I've also been reading the Long Distance Real Estate Investing book by David Greene. Get it on Audible, it totally relates even if you don't plan on going out of state. I'm actually considering investing out of state now, but that's a different topic.

2) Network. Find others around you here on BP. Take them out to lunch, coffee. Pick their brains, their successes and their failures. I can definitely help with that.

3) Take Action: Save capital, evaluate deals. And once you've saved enough, find a deal and get it. Ask yourself how you can get the deal done, plan and execute. You're almost there!

The take action part is the toughest, but it is also the most rewarding! Plan, plan, and plan again. RE is a marathon, so take your time, and enjoy the views!

Happy Investing!

Naftali Tolibas

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