Hello Bigger Pockets Community! I am a total Newbie but am eager to learn. So far I have been blown away by this community and all the resources available to members! I am from West Michigan and am really interested in investing in rentals in the Grand Rapids, Muskegon, Holland or Kalamazoo areas. I am looking forward to learning from all of you and, eventually, being able to contribute as well! Any advice anyone would give to me just starting out?
Hello, @Brandon Kiel . You’ve taken a great first step in real estate investment. I wish you all the best. You are not alone in your real estate ambition.
@Amy Aziz Thanks Amy! I appreciate that!
@Brandon Kiel My pleasure! Let me know if there is anything I can help you with.
Welcome to the BiggerPockets family @Brandon Kiel ! You came to the right place to learn all about real estate investing!
Here are some recommendations for you:
Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...
Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...
Read Beginner’s Guide: http://www.biggerpockets.com/r...
Check out BP MoneyPodcasts: https://www.biggerpockets.com/...
@Marlon Fong Thanks Marlon! Already on it! Set up a couple notifications, I am reading the Beginner's Guide, and listening to the Podcasts. Thanks for the advice and direction!
@Brandon Kiel congrats on taking your first step just keep on walking and producing actionable steps every day. That will be the key to success in this game. The most recent podcast with Chris Benson is an awesome blue print for us all. Again congrats on the first step to many to come. Being a Michigander as well if you ever need anything all you have to do is ask. We are her to help!
@Drew Brown Thanks Drew, I really appreciate it! I will have to check out that episode. I have started by listening to some of the older episodes but should really check out the newer stuff. Thanks for the recommendation!
@Charles Kao Thank you sir!
Welcome to BP and congratulations on making the decision to hopefully change the course of your financial life. I was actually in your shoes just about one year ago and purchased my first duplex in March in GR. I'm working to wrap up rehab on one unit and refinance my money out next month. I'm making mistakes but most importantly learning as I go. At this point I would recommend an unrelenting pursuit of education. Books, blogs and podcasts. I strongly suggest BP episodes #327 BRRRR investing with David Greene. Probably should get the book as well. Also episodes #305 FI with just 5 Properties, #278 the Boring Path to Real Estate Success, #293 Chad Carson and probably get his book ‘Retire Early with Real Estate' as well.
Educate yourself to the point of reasonable confidence then make the move. I tend to over analyze and end up thinking myself out of action. I didn’t with the duplex and while not perfect it’s better than I hoped. Reach out if you have questions or want to meet up and I’ll share what little I have learned thus far. Also check out the meet up which is occurring tomorrow at the Buffalo Wild Wings in Wyoming at 6pm. It’ll be awkward and you won’t know a ton but it’s a great place to start and Brand Krieg is a great facilitator.
Good luck, learn as much as you can and take action.
@Trevor Finton Hey Trevor, that is awesome advice, and congrats on your first property!
I will definitely check out those podcasts/books. I won’t be able to attend the meet-up tonight, but is that something that is regularly held? I would love to attend in the future.
Thanks so much for taking the time for your recommendation. I really appreciate it!
@Brandon Kiel , glad to be of assistance. In regards to meet-up, yes, it’s monthly. Sometimes it’s topic/education based and sometimes like tonight it’s more about networking and sharing what you need or want. Contractors, lenders, agents and investors all attend. Here’s the meet up link.
@Trevor Finton That’s great! Thank you so much!
@Jordan Knoll Thanks Jordan! I really appreciate that and may take you up on your offer to connect!
Welcome to the BP family! Glad you joined the best real estate investing website!
Wishing you the best!
@Dmitriy Fomichenko Thanks Dmitriy!
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you