All Forum Posts by: Berkli Jo Boudreau

Hey @Jaime Guerra! I work with investors here in the Austin Market. I'd be happy to discuss opportunities, returns, some successful strategies I'm seeing here in Austin as we get into 2020. I'll PM you my contact info. Cheers! 

Hey @Nick Sheveland. I’d love too! I’m always down to talk intentions, goals, strategies ect. And I’m definitely interested in your ideas for full time RE. 

Thanks for the response, I’ll message you! 

Hey BP,

I’m a rookie investor. After growing up around real estate, I began my own investing education in February of this year. I attended a 3 day workshop here in Austin and was instantly hooked. I’ve been listening to podcasts on repeat and making my way through the suggested books on BP. But I would really love to be able to truly immerse myself in this industry, so Im researching/searching for any day jobs I could apply for that would allow me to learn about real estate and my local market while earning enough to pay my bills. I currently work as a bartender, and have been for the past eight years. I’ve gained communication skills, task/time management, leadership and training skills, and really discovered a passion for people. All things that I think are valuable in this business. I’ve looked into property management, title office positions, apartment locating, etc. Some of these require a license and some don’t. I’m not opposed to getting my license and have thought about it several times, even went as far as signing up for classes, but dropped them after learning how it could negatively affect my investing.

So Im wondering if y’all have any advice on what Real Estate based day job would be most beneficial to my education and still cover my cost of living? (Currently earn $57k as a bartender)

Thanks for reading and thanks in advance for any responses!

Berkli

Hey @Aaron Villarreal, I’m a local investor here ATX. Would love to meet up and talk about how we can help each other!

@Irene Virag

Welcome to the real estate investing world! I'm new to the game as well, I've been at it just over a year. I'm also right here in ATX. I agree that books and these very forums are the best place to get started. BP has a list of the best real estate books for your investing. I would start with Brandon Turner's "How to Invest in Real Estate with No(and Low) Money Down" and just work your way down that list. Definitely come to Austin REIA meetings too, if you want more info on them, I'd be more than happy to give you the details. There's tons of meet ups all around town too, great places to learn and network.

I’ve heard numerous success stories from investors who started in debt and used real estate as the vehicle to escape, and then build wealth. It’s been done and can be done, you just have to be more cautious than someone with hundreds of thousands sittin in the bank.

I work as a bartender, so I didn't exactly have a huge reserve. I did my first deal with $0 of my own money! I found, then followed the lead, got in under contract, then partnered with a more experienced investor(that I met at the REIA).

If you’ve got a good deal on your hands, the money to fund it WILL come.

This can be an overwhelming business. Real estate isn’t complicated but it is expansive, not a mile deep but a mile wide. It will probably feel like you’re drinking from a fire hose for first few years (I know I still do). Like anything else, the key is to keep trying. Most leads aren’t deals, and ALOT of offers don’t get accepted. Keep hunting for and following leads and keep writing offers. Don’t get discouraged, this works!

Good luck!