Beginning Investor In Search Of Guidance

Los Angeles County, California
Investor Mindset
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Beginning Investor In Search Of Guidance

Jada Lazenby
New to Real Estate · Los Angeles, CA · Member since 2024 · 11 posts · 6 votes

I’m thrilled to introduce myself as a new agent in the Los Angeles area and joined BiggerPockets to make more connections, friends and most importantly to learn what to do with my money when it comes to investing.

This is a huge site and I have absolutely no idea where to start. I guess I’ll start by asking where did you guys start when it comes to investing? How far along are you now? Did you have a coach? What have been your lessons in investing that you can pass onto others?

Thank you!

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Nicholas L.Pro Member
Flipper/Rehabber · Pittsburgh · Member since 2018 · 6k+ posts · 5k+ votes
2y

@Jada Lazenby

welcome.

definitely start with a house hack.

i started by renting my first primary residence out when I moved into a bigger place.  i still have it.

i did not and do not have a coach, but i went to lots of REIA meetings when I got started and benefited tremendously. i went to small networkings ones and networked. i went to big pitchfests suspecting they were pitchfests, got pitched at, didn't buy anything, and networked at those too.

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  • Nicholas L.Pro Member
    Flipper/Rehabber · Pittsburgh · Member since 2018 · 6k+ posts · 5k+ votes
    2y

    @Jada Lazenby

    welcome.

    definitely start with a house hack.

    i started by renting my first primary residence out when I moved into a bigger place.  i still have it.

    i did not and do not have a coach, but i went to lots of REIA meetings when I got started and benefited tremendously. i went to small networkings ones and networked. i went to big pitchfests suspecting they were pitchfests, got pitched at, didn't buy anything, and networked at those too.

    2Reply
  • Jada Lazenby
    OP
    New to Real Estate · Los Angeles, CA · Member since 2024 · 11 posts · 6 votes
    2y
    Quote from @Nicholas L.:

    @Jada Lazenby

    welcome.

    definitely start with a house hack.

    i started by renting my first primary residence out when I moved into a bigger place.  i still have it.

    i did not and do not have a coach, but i went to lots of REIA meetings when I got started and benefited tremendously. i went to small networkings ones and networked. i went to big pitchfests suspecting they were pitchfests, got pitched at, didn't buy anything, and networked at those too.


    Thank you! I will find some REIA meetings to attend in my area.

    1Reply
  • Jada Lazenby
    OP
    New to Real Estate · Los Angeles, CA · Member since 2024 · 11 posts · 6 votes
    2y
    Quote from @Account Closed:
    Quote from @Jada Lazenby:
    Quote from @Nicholas L.:

    @Jada Lazenby

    welcome.

    definitely start with a house hack.

    i started by renting my first primary residence out when I moved into a bigger place.  i still have it.

    i did not and do not have a coach, but i went to lots of REIA meetings when I got started and benefited tremendously. i went to small networkings ones and networked. i went to big pitchfests suspecting they were pitchfests, got pitched at, didn't buy anything, and networked at those too.


    Thank you! I will find some REIA meetings to attend in my area.

    Hiring a coach depends on your timeframe. If you have all the time in the world, you can learn as you go along. If your motto is "time is money" let's recommend some coaches to you.
    Thank you Bob! If I could find a coach in my area that would be great. 
    0Reply
  • Tim Ryan
    Investor / Mentor / Contractor · Arcadia, CA Buying Out of State · Member since 2015 · 655 posts · 622 votes
    2y

    Hi Jada and Welcome,

    I believe in coaching for some people and not for others. It just so happens I am speaking on this at a Real Estate Meetup in Eagle Rock (LA) this Tuesday. Look for my Inbox message to you. Would be great to see you there.

    1Reply
  • Jake AndronicoBusiness Member
    Realtor · Reno, NV · Member since 2019 · 1k+ posts · 938 votes
    2y

    @Jada Lazenby

    Welcome to BP! I agree w/ @Nicholas L.

    Don't try to hit a home run on your first swing. Or, if you do, don't be surprised if you strike out. 

    If you hear "fast, easy, and no money required", be extremely cautious. 

    I've house hacked twice in Reno, NV and it's changed my life. 

    415-233-1796
    1Reply
  • Jada Lazenby
    OP
    New to Real Estate · Los Angeles, CA · Member since 2024 · 11 posts · 6 votes
    2y

    Thank you! 

    0Reply
  • Wale LawalBusiness Member
    Real Estate Broker · Houston | Dallas | Austin, TX · Member since 2018 · 5k+ posts · 2k+ votes
    2y

    @Jada Lazenby

    Welcome to BiggerPockets and congratulations on starting your journey as a new agent in Los Angeles!

    Starting a real estate investing journey requires education, understanding the market, setting clear goals, and leveraging experience. It's best to start small, and get advice from those who know, and understand how to check things carefully. Make friends in the field, be patient, keep going even when it's hard, and be ready to change when needed. Look at home listings, listen to talks, and join online chats to keep up-to-date and be flexible.

    Good luck!

    [email protected]832-776-9582Podcast Guest on Show #469
    NETWORTH BUILDERS5236 Reviews
    WebsiteView Page
    1Reply
  • Jada Lazenby
    OP
    New to Real Estate · Los Angeles, CA · Member since 2024 · 11 posts · 6 votes
    2y
    Quote from @Wale Lawal:

    @Jada Lazenby

    Welcome to BiggerPockets and congratulations on starting your journey as a new agent in Los Angeles!

    Starting a real estate investing journey requires education, understanding the market, setting clear goals, and leveraging experience. It's best to start small, and get advice from those who know, and understand how to check things carefully. Make friends in the field, be patient, keep going even when it's hard, and be ready to change when needed. Look at home listings, listen to talks, and join online chats to keep up-to-date and be flexible.

    Good luck!


    Thank you for the advice! 

    0Reply
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