I'm brand new to BP and am eager for advice

[Brody Earnest]

Morning!

My name is Brody Earnest, just turned 25. I've been in door-to-door sales for 4 years now and have created a little nest egg for myself. I'm connected with a company called FIG (Fourplex Investment Group) and have lended my money with FIG at a point a month for the past 3 years. 12% APR depending on project duration. I've grown my money over the past few years by lending to FIG who uses it to build four-plexes across UT, AZ, TX, and ID.

I'm here because I began listening to BP last week, I'm listening to about an episode or more per day and I think I would learn more and start my career in real estate sooner by doing an actual project rather than just let my money sit and grow slowly... which don't get me wrong is awesome but I'm not learning much!

That is the only experience I have in real estate. I don't own a home, but my point a month is paying for my rent where my wife and I now live. I'm hesitant to buy in this market, and a few mentors I do have aren't buying anything right now either. I'm brand new, open to suggestions and would love to hear what all of you guys would do with about $160k at 25 with no experience. I'm all ears!

[Jonathan Greene]

Your skills from "door-to-door sales for 4 years" are some of the most valuable assets in real estate acquisition. Someone with that experience could turn it into a high-end, transparent wholesale business over time because off-market acquisition is door-to-door sales. For now, read and listen up and see what interests you in each class of investment. I would not park your money in syndications or funds or OPM because with your sales skills you can make a lot more with your money doing off-market acquisitions. You could start as a caller for a local investor and if you do well, you may be getting in on deals without having to plunk your money if you can get them deals.