Newbie Investor in Pittsburgh Area

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Newbie Investor in Pittsburgh Area

Evan Augustine
Contractor · Pittsburgh, PA · Member since 2020 · 7 posts · 4 votes

Hello All,

I am new to the real estate investing world and don't have much experience in terms of owning rental properties (or any properties for that matter). I am hoping to build connections /gain knowledge to help guide me in the right direction on what steps to take to purchase my first (and many) investments.

I look forward to the connections!

Thanks,

Evan Augustine

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Gary Swank
Real Estate Agent · Pittsburgh, PA · Member since 2014 · 821 posts · 255 votes
6y

Hi @Evan Augustine Welcome to BiggerPockets and real estate investing. I always advise to evaluate the market, plot a plan, see the properties and get your finances in order among other things. Real estate Investing is a continual learning experience. Feel free to get with those that really know the market. Best of luck to you....Gary


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  • Sean Sabina
    Realtor · Glenshaw, PA · Member since 2018 · 12 posts · 7 votes
    6y

    Hi Evan,

    Welcome,  if you have any questions to ask feel free to ask me.

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  • Gary Swank
    Real Estate Agent · Pittsburgh, PA · Member since 2014 · 821 posts · 255 votes
    6y

    Hi @Evan Augustine Welcome to BiggerPockets and real estate investing. I always advise to evaluate the market, plot a plan, see the properties and get your finances in order among other things. Real estate Investing is a continual learning experience. Feel free to get with those that really know the market. Best of luck to you....Gary


    1Reply
  • Jeremy TaggartBusiness Member
    Real Estate Agent · Pittsburgh, PA · Member since 2014 · 850 posts · 645 votes
    6y

    @Evan Augustine spend as much time as you can educating yourself prior to jumping in. You'll shorten your learning curve and avoid the school of hard knocks. Read as many books as you can get your hands on and as many podcasts as you can listen to until you feel comfortable with jumping in. I'd also recommend spending some time getting familiar with the local market so you can get an idea of what constitutes a good deal or not. Get familiar with the price points and market rents for the specific areas you might be interested in investing in so when you are ready to pull the trigger you know what is worth buying or not. 

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  • Evan Augustine
    OP
    Contractor · Pittsburgh, PA · Member since 2020 · 7 posts · 4 votes
    6y

    Thank you all for the information, this is very helpful!

    @Jeremy Taggart - Are there any specifically you would recommend? I am currently reading Rich Dad Poor Dad, and my next targets are going to be:

    - "How I Turned $1,000 into a Million in Real Estate in My Spare Time" by William Nickerson

    - "How to Create Wealth Investing in Real Estate" by Grant Cardone

    Do you have any other suggestions for newbies?


    Again, I appreciate all of useful information from this discussion forum!

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