All Forum Posts by: Ken Almira

This is a very thoughtful post. I appreciate the knowledge you've shared with your experience as both a buyer and a seller. I'd love to hear more about your experiences and what draw you to take that first step in both buying a business and subsequently selling that business if you'd be open to it. 

Definitely. Financial literacy and understanding what's out there will always serve you well. Learning in general will always serve you, which is why I'm here on BP forums, to learn from other experienced real estate investors that are where I want to be. Due diligence and learning are the way to go!

@Patrick Roberts

Understood. House hacking might be a great way for me to get started in real estate while keeping my costs low. I’ll definitely look more into it!

That makes a lot of sense. I’ve been looking into Florida markets like Tampa, Orlando, and Lakeland, so the amount I need to save will definitely depend on the price points in those areas. I’ll keep saving and researching in the meantime to get a clearer picture of the capital needed. Appreciate the insight, truly! This is very helpful.

Researching on Google, watching YouTube videos, and reading articles I found on the internet regarding the topic I was interested in. For example, when it came to REIT, I just googled, "What are REITS". Then the rabbit hole started, and I learned the more I read about it.

@Walter Bowser

Nice! Sounds like a solid find. Thanks for sharing your insight! It’s always great to hear real examples of how deals come together. Wishing you continued success!

@Grace Tapfuma

That’s a great question, and I think it’s something every investor has to consider. At the end of the day, trust comes from doing your due diligence—whether it’s with partners, lenders, or even the deals themselves. 

When it comes to REITs, there are definitely a lot of reputable brokerages out there. I personally use Vanguard, but I know others like Schwab and Fidelity also have solid options. It really depends on your investing goals—some REITs focus more on dividends, while others prioritize growth. Ultimately, it's all through your due diligence that will build your trust.  

@Walter Bowser

That’s really interesting! It’s good to know that there are ways to structure deals with little to no money out of pocket that could work.

Your OKC deal sounds like a great example of how the right numbers can make a big difference. How did you find that deal? Was it through networking, direct-to-seller marketing, or just keeping an eye on the market?

@Justice Bowers

Yeah, after a recent conversation, I’m starting to think that simply saving a lot more money might be the best answer to my problem. While creative financing options are interesting, having more cash on hand seems like it would put me in a much stronger position and open up better opportunities.

That said, I’m still curious—at what point do you think someone is truly ‘ready’ to start investing in real estate? Is there a certain amount of savings or financial cushion that experienced investors recommend before jumping in?

@Jaycee Greene

Yeah, the more I research, the more I realize that $10K won’t be enough. No problem, though—I can get close to $100K saved by the end of the year, so I’ll be in a much stronger position.

My question is, is there a specific number I should be striving for that would put me in a good position to invest in real estate? I want to go in prepared and not just jump in because I have some money saved. 

I want to do this the right way.