Newbie from East Stroudsburg, PA
8 Replies
Kaye-ann Brown-Barrett
posted about 1 month ago
Hello everyone. I am a new member looking for some guidance on how to get started investing in rental properties. I have been looking for properties in my area but not much on the market and prices have gone up tremendously. Working on educating myself on REI and would love to connect with others for some guidance or recommendations on how to get started.
Marlon Fong
BiggerPockets Support from Metro Manila
replied about 1 month ago
Hi @Kaye-ann,
Welcome to BiggerPockets and great to have you here!
Here are some recommendations for you:
Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...
Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...
Read Beginner’s Guide: http://www.biggerpockets.com/r...
Check out BP Money Podcasts: https://www.biggerpockets.com/...
Wishing you the best!
Brian Lieberman
Rental Property Investor from Gaithersburg, MD
replied about 1 month ago
@Kaye-ann Brown-Barrett a great place to start would be to practice analyzing deals in your area. Try to find out how much they will cash-flow for. Get comfortable with how 'good' a deal is. You'll build up that criteria for yourself and you'll get more comfortable with understanding which properties would be worth investigating a bit further. Next, I would start to read up on all of the different types of financing options there are out there, so that you can determine how you'll acquire those deals that 'work' for you. Hope this helps!
Kaye-ann Brown-Barrett
replied about 1 month ago
@Marlon Fong thank you so much. Great recommendations. I appreciate it!
Kaye-ann Brown-Barrett
replied about 1 month ago
@Brian Lieberman thank you very much for your guidance here. Much appreciated.
Senia E Cuevas
replied about 1 month ago
@Kaye-ann Brown-Barrett Welcome! I have been here a week myself and am looking for someone to learn with/accountability. Feel free to message me if you want to connect!
Dmitriy Fomichenko
Solo 401k Expert from Anaheim Hills, CA
replied about 1 month ago
Originally posted by @Kaye-ann Brown-Barrett :Hello everyone. I am a new member looking for some guidance on how to get started investing in rental properties. I have been looking for properties in my area but not much on the market and prices have gone up tremendously. Working on educating myself on REI and would love to connect with others for some guidance or recommendations on how to get started.
Kaye-ann, welcome aboard!
Kaye-ann Brown-Barrett
replied about 1 month ago
@Dmitriy Fomichenko Hi Dmitriy. Thank you!
Kaye-ann Brown-Barrett
replied about 1 month ago
@Senia E Cuevas thank you.
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