New to Real Estate · Brooklyn, NY · Member since 2021 · 32 posts · 7 votes
I just got started learning many things about cashflow. Based on Rich dad’s Cashflow quadrant which is a 100% recommendation but only if you read rich dad poor dad first. I do have several questions for the forums:
• How do I take action on building cashflow through real estate?
• Will BiggerPockets pro teach me how to build a business?
• Where do you find private lenders?
• Can I connect with a team through BiggerPockets that has the right mentality for building cashflow?
•Is it a bad thing to start with $770 in my pocket?
Omaha, NE · Member since 2020 · 611 posts · 665 votes
5y
Start with the BP real estate podcast. Listen to every episode. Search for other podcasts on real estate. Listen to those. I enjoy RETipster and Coach Carson. There are many others. Search Facebook for your local REIA. Join that group. Find a target market if your own is too expensive. Join their Facebook REIA and introduce yourself. State your goals. Don't ask for mentors or coaches. Scour the forums for answers if you don't know them before asking questions. Most questions have already been asked and answered well. Get an LLC started so you can borrow hard money. If you do all of this, it will keep you busy for a while and you'll gain answers to your other questions and so many more, plus you'll run into a ton more questions along the way.
Best of luck! It's a fun, hard, rewarding journey.