Mentors and Guidance For a New Investor

Mentors and Guidance For a New Investor

Real Estate Agent · Seattle, WA · Member since 2016 · 49 posts · 11 votes

Hi everyone,

As a recent UW grad I was hooked on the idea of investing and making my mark in the real estate arena. Growing up my dad was always the handyman around the house and I was inspired by his talks about always trying to get into SFRs and flipping houses. Unfortunately he never had the opportunity but luckily for him I caught the bug as well. As of last year I just acquired my first rental property!

Having listened to numerous Bigger Pockets podcasts, I am just itching to further my way into this area. Being a hands on (and quick) learner, I would love to see how one acquires and remodels properties. After following along with a few contractors on their various jobs and talking with some investors I am looking for someone that may be able to show me (in depth) how they do things and what they look for. As for all newbies I know we all had the same initial fears and doubts as me. I'm extremely excited and have done tons of research but ideally I would like to see someone experienced go through the motions so I can truly see what the process is like. 

Ultimately I am looking for mentors and guides that can help show me the ropes but don't think I won't pull my own weight. There is a payoff in the end and I hope that someone will be willing to help me out on my journey. One thing that is always talked about are the difficulty in finding people who are reliable, trustworthy and all out hard worker. I can tell you for a fact that I am all 3. I would love the opportunity and am not afraid of leg work/homework.

In my perfect reality, I would hope these new connections and friendships can turn into a mentorship where not only will I benefit but you will too!

If anyone here is willing to meet up and chat please don't hesitate to contact me.

Riley 

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Rental Property Investor · Phoenix, AZ · Member since 2016 · 424 posts · 261 votes
9y

Hi @Riley Kuranishi ! Congrats on acquiring your first rental property last year! I too got started young and I was instantly hooked on real estate investing! I now have 14 rentals units in Snohomish County, and I run a real estate sales team with an investor division and we help local investors buy all over the puget sound region. 

In April a Seattle U student joined our sales team as a junior agent and loved it so much that he became licensed and 3 months later he purchased his first investment property in Fife. He is now helping us expand our business to out of state investing so that we can help more investors find cash flowing rentals. 

I would love to chat more with you and see how myself and my team can help. We do have a rental property workshop coming up on November 1st in Bothell if you'd like to hear more about what we do.

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  • Investor · Kent, WA · Member since 2015 · 624 posts · 274 votes
    10y

    Welcome @Riley Kuranishi, I envy you for starting out so young. I wish I knew at your age, what you now know. I'm not a veteran investor but I have a few deals under my belt. My passion is helping young people and I'm interested in learning if I can serve you.

  • Rental Property Investor · Gulf Breeze, FL · Member since 2014 · 1k+ posts · 733 votes
    10y

    @Riley Kuranishi -although in person may be a bit of a stretch, let me know if I can serve. 

  • Real Estate Agent · Seattle, WA · Member since 2016 · 49 posts · 11 votes
    10y

    Hi @Ruth Bayang, thanks for the post! I will be contacting you shortly regarding my interest!

  • Real Estate Agent · Seattle, WA · Member since 2016 · 49 posts · 11 votes
    10y

    Hi @Jay Helms, thanks for reaching out! I saw that you currently have one rental in your portfolio. What other things are you currently working towards at the moment? 

  • Rental Property Investor · Gulf Breeze, FL · Member since 2014 · 1k+ posts · 733 votes
    10y

    Oh wow, I need to update that @Riley Kuranishi . I now have 6 units in our portfolio and should have #7 online by the end of the year. The market here is starting to shift, so my focus is starting to turn toward increasing rents, dropping expenses and building relationships. 

  • Real Estate Agent · Seattle, WA · Member since 2016 · 49 posts · 11 votes
    9y

    Oh nice! @Jay Helms. What are you currently doing to achieve that? In regards to relationship building and dropping expenses? 

    I'm currently looking for one more rental but then also looking to get into some house flipping as well!

  • Rental Property Investor · Gulf Breeze, FL · Member since 2014 · 1k+ posts · 733 votes
    9y

    @Riley Kuranishi - Dropping expenses, I'm primarily shopping around for insurance carriers. Also looking at what preventive maintenance can be done to help reduce future large maintenance expenses.

    In regards to building relationships, I have a post coming out soon titled Successful REI Takes A Team: Our Roster. I talk about the various people I rely on for our investing. I don't go into this in this post, but I do realize these folks make a living off of my investing so if I'm not in acquisition mode or have stabilized my properties, it may be months or years that go by before they hear from me. I'll be working on enhancing those relationships in other ways so they are not so "cold" the next time I need them. 

  • Rental Property Investor · Phoenix, AZ · Member since 2016 · 424 posts · 261 votes
    9y

    Hi @Riley Kuranishi ! Congrats on acquiring your first rental property last year! I too got started young and I was instantly hooked on real estate investing! I now have 14 rentals units in Snohomish County, and I run a real estate sales team with an investor division and we help local investors buy all over the puget sound region. 

    In April a Seattle U student joined our sales team as a junior agent and loved it so much that he became licensed and 3 months later he purchased his first investment property in Fife. He is now helping us expand our business to out of state investing so that we can help more investors find cash flowing rentals. 

    I would love to chat more with you and see how myself and my team can help. We do have a rental property workshop coming up on November 1st in Bothell if you'd like to hear more about what we do.

  • Real Estate Agent · Seattle, WA · Member since 2016 · 49 posts · 11 votes
    9y

    Hi @Jennifer Beadles, 

    Sorry for the late reply. I was out of town for awhile and just got back. Sure! I wouldn't mind chatting a bit more about what you guys do and how we might be able to benefit through a new connection!

    Let me know if you are still up for chatting.

    Best,
    Riley

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