New to Bigger Pockets and RE Investing

Lender · Eugene, OR · Member since 2020 · 4 posts · 3 votes

I am brand new to Real Estate investing (like brand new, I don’t have any properties yet). I work in banking and one of my clients actually introduced me to Bigger Pockets and I’ve been addicted ever since I created my account. Everyone’s positivity and willingness to help on here is so awesome. I am interested in Fix & Flips and Buy & Holds to build long-term wealth for my family and I.

Like I mentioned before, I am brand new to all of this but this is something I have been interested in for a very long time and am very excited about. My brain is a sponge and I am trying to soak up as much knowledge as I can from the guides on here and anyone willing to share their knowledge and expertise.

If anyone has any tips, comments or just wants to say hi, comment below and let’s connect!

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Mack BensonPro Member

Rental Property Investor · Woodbury, MN · Member since 2018 · 299 posts · 299 votes

@Alex Torres, welcome to BiggerPockets! I think the best advice someone can give someone starting off is to find your passion and focus on that one thing there are a lot of shiny objects in this industry and a lot of temptations to follow a different path than what you are on. Find one and stick to it, learn everything you can and become an expert. When you have achieved your version of success in that one thing then look for another and never stop learning.

Good luck!

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Michael S.Pro Member
Biggerpockets Support · Las Pinas, Metro Manila · Member since 2015 · 7k+ posts · 1k+ votes
5y
Welcome to BP Alex. Have you already read the Beginner's Guide biggerpockets.com/ubg
That would be a great start. Best of luck on your investing
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Mack BensonPro Member
Rental Property Investor · Woodbury, MN · Member since 2018 · 299 posts · 299 votes
5y
@Alex Torres, welcome to BiggerPockets! I think the best advice someone can give someone starting off is to find your passion and focus on that one thing there are a lot of shiny objects in this industry and a lot of temptations to follow a different path than what you are on. Find one and stick to it, learn everything you can and become an expert. When you have achieved your version of success in that one thing then look for another and never stop learning.
Good luck!
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Alex Torres
OP
Lender · Eugene, OR · Member since 2020 · 4 posts · 3 votes
5y
@Michael Sato Thanks Michael, I have just finished reading the majority of the guides and just received “How to Invest in Real Estate” by Brandon Turner yesterday. I appreciate the kind words
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Alex Torres
OP
Lender · Eugene, OR · Member since 2020 · 4 posts · 3 votes
5y
@Mack Benson I appreciate you reaching out Mack! Thanks for the advice, I'll definitely focus on one aspect of REI before I look into others
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Chris Lennon
Real Estate Agent · Honolulu, HI · Member since 2020 · 7 posts · 19 votes
5y
Congratulations on being a valued Bigger Pockets member! Banking is a great field to branch into REI from you are about to start an amazing journey. Best bit advice I have ever read on BP and would love to share with you is, don't be afraid to ask a question. Reading all the material out there is excellent; but each deal is unique and has singular challenges, especially if it's a quirky older home. There are so many people with experience and insight here who may have encountered the exact challenge you are facing even if it is a small one. Don't hesitate to ask questions it will save you time, money and many many headaches.
Above all have fun. REI is a ton of fun.
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