My name is Mehtab I am located in Sacramento, CA. I am beginning to learn about real estate investing and was wondering if anyone would be willing to teach me about how the process goes from how they find deals to closing the deal, and maybe any rehab they do on the way. I don't have much to offer but I am trying to start my real estate career soon and I am figuring out ways on how I should start. If anyone is available locally that would be great but I am also willing to call or zoom because all I am looking for right now is information. I have minimal experience in analyzing deals, but I am excited and willing to learn from an experienced investor. I am mostly leaning towards out-of-state real estate investing but as I am getting started I think that going to a property and seeing it would make sense for a first-time investment and it would be the safest option. Thank you for your time.
Real Estate Agent · Sacramento, CA · Member since 2015 · 394 posts · 259 votes
5y
@Mehtab S Sahota good morning, my first thing I always say is have you read the biggerpockets ultimate beginners guide to real estate investing? If not start there, if you already have and are considering out of state investing I would read David Greene’s book on out of state investing.
Real Estate Agent · Sacramento, CA · Member since 2015 · 394 posts · 259 votes
5y
@Mehtab S Sahota good morning, my first thing I always say is have you read the biggerpockets ultimate beginners guide to real estate investing? If not start there, if you already have and are considering out of state investing I would read David Greene’s book on out of state investing.
@DJ Dawson good morning to you as well. I appreciate your insight on where I should begin, I am currently finishing up my book ABCs of real estate investing by Ken McElroy and I plan on reading more books before the year ends. I will start reading the bigger pockets ultimate beginners guide to real estate investing after I finish up. I feel as if I have the information to go out and start buying my first property, but I wanted to see how it was done first from an expert or experienced investor which I why I wanted some insight into the business. Nonetheless thank you for your reply and have a good day.
I'm also new to REI, and have found a lot of value in listening to podcasts like Tony Robinsons "Your First Real Estate Investment" as well as BP's "Real Estate Rookie Podcast." Both of these shows focus on investors first deals that set them on their path. You could go a step further and follow the interviewees on their social media page and try reaching out with individual questions to build rapport. Everyone's got a different path to wealth, and soon enough you'll find a type of investor and strategy that you gravitate towards. Focus on them and that!
Another note on these podcasts, I love how Robinson constantly touches on how important mindset and taking massive action are in getting started in this game. Hope these can help you on your journey!
Investor · Sacramento, CA · Member since 2017 · 58 posts · 27 votes
5y
Hi @Mehtab S Sahota! Welcome and nice to meet you! I have a few years of experience and would be happy to share whatever I have learnt so far with you. I'm also located in Sacramento but probably best to meet over zoom or phone for now if you want to talk or discuss about getting started. Feel free to send me a message if you want to chat more.