New to investing and starting out with multi-family units

3 Replies

Hello all.  I'm from Virginia and have lived here most of my adult life.  I'm a small business owner, and have been for six years, so I'm hoping to get some passive income through multi-family properties.  

If you have any tips, helpful comments, or are interested in knowing more let me know.

Have a great day.

Bruce

Saving is the best first step and then evaluating properties for practice until you get pre-approved by a lender.  Location is the most important factor when selecting a property.

What market are you in?  Adding a little more info to your profile will enable you to better connect to people who are most likely to be able to assist.

Hello! @Bruce Schutte

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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