New to Bigger Pockets and New to Real Estate

12 Replies

Hello everybody! 

I'm new to the Bigger Pockets community and I'm glad I found you guys! I graduated from college last year and interested in getting into real estate. I don't have any property's right now - saving up some money for my downpayment. I'm looking to purchase my first property within the next year. This will give me plenty of time to save up a good chunk of money and get my credit pretty high. 

I'm based in Dallas, Texas so ideally my plan is to purchase my first property in the DFW area. As a first time investor, I know I have a lot to learn. But if you guys can send some knowledge my way of what a first time real estate investor needs to know it'll be greatly appreciated. My plan is to get either a SF or MF property to start with. I know Texas has a pretty good program when it comes to first time home buyers. 

I'm in complete sponge mode at the moment so if anybody located in the DFW would be willing to meet up and share knowledge with me it'd be greatly appreciated. 

Thank you! 

Originally posted by @Lucia Rushton :

@Alex Miller. Welcome! Start researching areas and price points- see what money can buy you. Decide if you want to do work or want turnkey. You got this!

Thank you! I'm definitely aiming for turnkey, especially for my first property!  

@Alex Miller ,

Go into the education, then Guides section of this website. Read The Ultimate Beginner’s Guide to Real Estate Investing. I read it, and I recall it was pretty good.

Do some research. There are a million ways to invest in real estate. Find out what calls to you, and what works given what you can put in to this (time, money, and/or effort).

Once you figure out what works for you, dive in and don’t look back.

Originally posted by @Alex Miller :

Hello everybody! 

I'm new to the Bigger Pockets community and I'm glad I found you guys! I graduated from college last year and interested in getting into real estate. I don't have any property's right now - saving up some money for my downpayment. I'm looking to purchase my first property within the next year. This will give me plenty of time to save up a good chunk of money and get my credit pretty high. 

I'm based in Dallas, Texas so ideally my plan is to purchase my first property in the DFW area. As a first time investor, I know I have a lot to learn. But if you guys can send some knowledge my way of what a first time real estate investor needs to know it'll be greatly appreciated. My plan is to get either a SF or MF property to start with. I know Texas has a pretty good program when it comes to first time home buyers. 

I'm in complete sponge mode at the moment so if anybody located in the DFW would be willing to meet up and share knowledge with me it'd be greatly appreciated. 

Thank you! 

 Welcome to the site Alex.

Originally posted by @Barry Pekin :

@Alex Miller,

Go into the education, then Guides section of this website. Read The Ultimate Beginner’s Guide to Real Estate Investing. I read it, and I recall it was pretty good.

Do some research. There are a million ways to invest in real estate. Find out what calls to you, and what works given what you can put in to this (time, money, and/or effort).

Once you figure out what works for you, dive in and don’t look back.

Barry, thanks for the direction!  

Originally posted by @James Wise :
Originally posted by @Alex Miller:

Hello everybody! 

I'm new to the Bigger Pockets community and I'm glad I found you guys! I graduated from college last year and interested in getting into real estate. I don't have any property's right now - saving up some money for my downpayment. I'm looking to purchase my first property within the next year. This will give me plenty of time to save up a good chunk of money and get my credit pretty high. 

I'm based in Dallas, Texas so ideally my plan is to purchase my first property in the DFW area. As a first time investor, I know I have a lot to learn. But if you guys can send some knowledge my way of what a first time real estate investor needs to know it'll be greatly appreciated. My plan is to get either a SF or MF property to start with. I know Texas has a pretty good program when it comes to first time home buyers. 

I'm in complete sponge mode at the moment so if anybody located in the DFW would be willing to meet up and share knowledge with me it'd be greatly appreciated. 

Thank you! 

 Welcome to the site Alex.

Thanks boss!  

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