Updated over 4 years ago on . Most recent reply
New to real estate investing
Hello everyone,
I would like to start investing in real estate but I don't have the networking, capital, or experience necessary to start making deals. Would anyone be willing to let me follow them around and pick their brains or possibly work together so I can my foot in the door? Thank you
Most Popular Reply
@Amos Sivan, Hi. I have a little suggestion. If I was you, I would update my non-existing profile, so people would not even have to ask where are you located. Include a paragraph about yourself, what you do for a living, how you got your interest in real estate. What are your goals and why? Most people don't utilize their opportunity to sell themselves on BiggerPockets and that is a huge mistake.
Look at my profile and it may give you a hint at what I mean. Secondly, you are asking a lot from people who know nothing about you. That can be fixed by putting some effort into your profile. After you fix your profile, you should seek out local investors by attending some meetups in your area. Go to meetup.com and search real estate investing.
You don't want to come across as just a taker, so maybe offer your assistance to investors who would be willing to mentor you. I mentor quite a few investors and usually ask very little of them in return. But an offer will go a long way. Lastly, emphasize the positives in your life. By saying "I don't have the networking, capital, or experience necessary to start making deals" comes off negatively. Instead say something like I am looking to improve my networking as I diligently strive to increase my capital and I am looking to gain experience from seasoned investors.
In RE there is no success for the undisciplined. Be ready to show how you have overcome some obstacles in your life. Or talk about how you have overcome a struggle and you are using that to motivate you to tackle RE investing. I love helping individuals but only those who are willing to work hard and put their efforts into their interest. Nothing worse for me to try an help someone but I don't see the fire and desire in their heart. Good luck!