New to REI and investing all together. Looking for advice/ Tips

4 Replies

Hello BP,

My name is Eibar and I'm 25 and new to the REI game. Of course I have tons of questions as to where to start and how to begin. I know most people will say I need to first find a lender and an agent, but also how do I gauge the amount of money I'll need first before contacting these people? I'd hate to waste anyone's time.

Thank you everyone and I appreciate all feedback!

Hey Eibar, I recommend buying Brandon's book "Investing in Real Estate with No and Low Money Down".  Then you should feel confident in reaching out to "Hard Money Lenders" in your area who set the terms on how much money you will need.  You can find them on this website too!

Also, I highly recommend listening to the Podcasts. There's a treasure trove of information. 


TJ

Hello! @Eibar Guitron

Welcome to BP, and congratulations on making the decision to invest in your future via real estate.

I have written a few blog posts that may help you get started here on BP, and with your investing. Please click on the links, give them a read, and share your thoughts in the comments.

First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:

https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp

The second is a post that will help get you focused with your real estate investing goals:

https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciated

The last one is a post that will help you choose an “investor friendly” real estate agent.

There are many agents out there, but it’s important to choose the right one.

https://www.biggerpockets.com/blogs/5868/52724-im-new-to-investing-how-do-i-find-an-investor-friendly-agent

I love answering questions if you have any! Good Luck :)

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