Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
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.
Starting Out
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

Updated 12 months ago on . Most recent reply

User Stats

7
Posts
13
Votes
Brendan M Brown
  • Rochester, NY
13
Votes |
7
Posts

Starting out; Disgruntled

Brendan M Brown
  • Rochester, NY
Posted

Hey all. 
I recently heard of someone who has acquired a lot of property recently. Some main st village type property, mixed use with store fronts etc. I heard through the grape fine that he had recently started “scooping up” properties here and there and shes going to be starting in this next area soon. 
As a young man and young investor, I’m having trouble with a few things.

1)finding a property with a decent return. 
2) finding a primary residence that doesn’t cost and arm and leg (rent or own). 

I feel a lot of young investors are possibly in my position. For starters, they are having trouble even keeping there cost of living low while starting new families. Secondly, trying to achieve wealth through over priced real estate markets seems impossible.

If I can do one thing, one daily lever to pull, how can I be the guy I described in the beginning?

I love real estate so much but I can’t even get in, and my dream is to be the guy improving property for the good of the world. Any thoughts?

Thanks to anyone that responds.

Most Popular Reply

User Stats

504
Posts
282
Votes
Danielle Jackson
  • Phoenix, AZ
282
Votes |
504
Posts
Danielle Jackson
  • Phoenix, AZ
Replied

First thing to NOT do, is compare your journey with anyone else. Everyone has different circumstances and goals. Secondly, keep hunting (don't let off the gas in running numbers on properties you like) and eventually you will come across some that financially make sense. 

Consider expanding your markets you are looking in so you have exposure to more properties, and if you haven't already, engage with a RE agent who specializes in investment properties so you may have some insight to properties before they hit the market. 

Loading replies...