Listened to all of the BP podcasts...Now what??

Question

Well, I've run out of old podcasts to listen to so I thought it's time to start interacting more with everyone on here.  I've been around the site and forum for a few months now and I can't get enough.  The podcasts are fantastic!  And the forum posts are great!  So many smart professional people coming together in one place.

I've been interested in real estate and business investing for a long time.  I read Rich Dad Poor Dad probably 15 years ago and the ideas stuck with me.  Since then I have always thought about real estate or starting a business, but life seemed to get in the way.  Married to my wonderful wife for 16 years and we have two boys ages 13 and 15.  We both have had great careers and always had everything we needed, but something about getting up every morning and going to a job that is not fulfilling really eats at me.  Real estate seems to be the best vehicle to financial freedom, and to allow the time for more meaningful work such as volunteering or being more involved in the community.

I've reached out to a few local investors to make some connections, but hope to continue to expand that circle.  Planning to attend some of the local meetups soon too.  If anyone wants to grab some coffee and shoot the bull sometime let me know.  I'd love to meet some new people.

Thanks and look forward to engaging with the BP community more!

Matt

Matt Wingler · Answer

Thanks for the reply and the great information @Brandon L.  The last one about finding an investor friendly agent is one of my top priorities.  I'm at point where I'm working to put all of the right contacts together to help me on the journey so reading this blog post was timely.

Matt Wingler · Answer

@Michael Seeker the only thing stopping me from going out to buy a property is me.  You're right, knowledge without putting it to use doesn't yield any results.

I've looked at a few properties and driven by many more, but haven't made a move on anything.  Time to get busy and start putting offers in.

Matt Wingler · Answer

Thanks @Danny Randazzo!  All good ideas.  You're right, it's time to take action!

Brandon L. · Answer

@Matt Wingler you are welcome! Good luck with your experience.

Brandon L. · Answer

Hello!  @Matt Wingler

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 :)

Michael Seeker · Answer

Hey @Matt Wingler - I hate to break it to you, but the "Now what?" is go out and invest in something.  Unless your goal is to teach, being educated without taking action is not going to get you very far.

Champaign is a city with great investing dynamics - the best thing to do is get started.

Is there anything stopping you from going out and buying a property?If so, is there anything stopping you from going out and looking at properties available for sale?