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Updated over 5 years ago on . Most recent reply

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Tuan Hoang
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5
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Newbie investor introduction

Tuan Hoang
Posted

Hi everyone,

New at Biggerpockets and to the world of real estate investing. Thought I would introduce myself and get some advice from people on the forum!

I am a health care provider (surgeon) and have been working for the past 2 years making a very good living for myself. I have been mostly investing my money in the stock market, but have been looking at alternative investments to diversify my portfolio. I have always been curious/interested about real estate, but have just started looking more into it for the past month or two. I am trying to learn as much as possible through books, podcasts, blogs, youtube vids. I must admit that I am feeling a bit overwhelmed as I am a complete newbie.

I do have a tendency to suffer from analysis paralysis, at the same time I can have moments where I am a bit impulsive, so I don't want to jump in too quickly. I have a very busy schedule and make a good living, so I don't intend on changing careers anytime soon, but could see myself cut down my hours significantly down the road if I find good success with real estate investing. My goal is to add more sources of supplemental income and reach financial independence sooner.

For the time being, while I am still learning, I would opt for a more passive investing strategy. I'd love to hear your thoughts on whether you guys suggest I look into investing into syndications, turnkey properties, crowdfunding, P2P lending? I have reached out to a turnkey provider and have had one initial talk. I understand that my return won't be as good as if I were to do everything myself, but I am ok paying a bit of a premium to have some guidance while getting started.

Thanks for the input!

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