Skip to content
×
Pro Members Get Full Access
Succeed in real estate investing with proven toolkits that have helped thousands of aspiring and existing investors achieve financial freedom.
$0 TODAY
$32.50/month, billed annually after your 7-day trial.
Cancel anytime
Find the right properties and ace your analysis
Market Finder with key investor metrics for all US markets, plus a list of recommended markets.
Deal Finder with investor-focused filters and notifications for new properties
Unlimited access to 9+ rental analysis calculators and rent estimator tools
Off-market deal finding software from Invelo ($638 value)
Supercharge your network
Pro profile badge
Pro exclusive community forums and threads
Build your landlord command center
All-in-one property management software from RentRedi ($240 value)
Portfolio monitoring and accounting from Stessa
Lawyer-approved lease agreement packages for all 50-states ($4,950 value) *annual subscribers only
Shortcut the learning curve
Live Q&A sessions with experts
Webinar replay archive
50% off investing courses ($290 value)
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Local Real Estate Networking
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

36
Posts
12
Votes
Steven M. Hughes
  • Investor
  • Columbia, SC
12
Votes |
36
Posts

Talking to (Successful) Real Estate Investors

Steven M. Hughes
  • Investor
  • Columbia, SC
Posted

I'm getting my start in real estate investing through wholesaling. I had someone that posted on my  to start contacting real estate investors in my area so I reached out to someone that I've seen purchase property in my neighborhood. After talking to him, he told me a few things:

  • Real estate investing was the worst idea he's ever had.
  • There's no money in it.
  • It's a good idea to hold a home after 12 months because the taxes are lower (even though he finished the rehab in 6 months)
  • If I'm smart enough to think about real estate, I should be smart enough to come up with something else that's going to make some "real money"

Needless to say, I'm contacting other investors. Successful investors. Have you had negative encounters like this at the beginning of your investing career?

"Only difference between a winner and a loser is a winner plays until he wins" - Justin Scott

Loading replies...