Former Athlete Starting in Real Estate

[Cam Porter]

Hi everyone,

I’m a former Northwestern football player looking to get started in real estate investing and build a strong long-term portfolio. Over the past several months, I’ve been taking the education side seriously by reading books, studying underwriting, analyzing deals, and working toward my Illinois real estate license. I’ve really enjoyed the learning process and feel like I’ve built a solid foundation.

That said, I’m finding that taking the first step is the hardest part.

I know there’s a big difference between studying real estate and actually buying your first property. I’m trying to avoid analysis paralysis while also making sure I don’t rush into a bad deal.

At this point, I’m open to learning about different investing strategies and asset types. My main goal is to continue learning, gain real-world experience, and build a portfolio the right way over the long term.

For those of you who have already been through this stage:

What finally gave you the confidence to buy your first property?

What mistakes should I avoid?

Is there anything you wish someone had told you before getting started?

I’m also looking to grow my network. If anyone is in the Chicago area, Cincinnati, or is simply willing to connect and share their experience, I’d really appreciate the opportunity to learn from you.

Thanks in advance. I look forward to hearing your advice and hopefully connecting with some of you.

[Bruce Woodruff]

Hi Cam and good luck! You will do fine with the good attitude I see already. One thing I would add to help in your journey - learn anything and everything you can about Construction. This is usually where most Investors and Realtors fall short.

I would advise to do things like 1) Volunteer for Habitats for Humanity, etc.. 2)Take those weekend classes at Home Depot/Lowes 3) Buy those 1-2-3 books that will teach you the basic skills 4) Watch YouTube videos about basic stuff like plumbing/electrical/carpentry 5) Help friends and neighbors with their little projects like decks.

PM if you need any help.... :-)