@Kenneth Clarke I live in Wyoming, so I can't tell you where to go or who to talk to, but I can give you some advice on what to do:
Learn everything you can about analyzing deals on BP podcast, webinars, books, forums, etc. and commit to analyzing 10 deals a week. It doesn't matter whether the deals are good deals or not, you are just building the skills of understanding what to look for and what parameters you can mentally set in your head. If you analyze 10 deals a week for a year, you'll have looked at over 500 total deals. This way, when a property does come up, you are comfortable with analyzing all facets of the deal.
@Kenneth Clarke Welcome to BP! If you're just getting started, the best thing to do is check out your local real estate investment club. Network and find people who are doing what you want to do. Learn as much as you can. Then, make a plan to do your first deal whether it be building up cash or buying to hold. If you're interested in learning more, I wrote a whole book on the topic of how to be a successful real estate investor for the long term. Hope that helps!
Ok thank you so much. This is all really helpful so what all goes into “analyzing a deal”, and what are simple things that I should be looking for? I would love to get started in that this week!
Hey there, I’m based in Irvine and have investment properties in Joshua Tree. I’ve been in real estate for almost 20 years. My primary job is land brokerage for new development, in fact I’m working on deals in your area: San Dimas, Glendora, etc. Feel free to reach out for mentorship.