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Updated about 2 years ago on . Most recent reply
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Just Beginning my Adventure
Iv been studying real estate investing for about one year now and have a goal of owning a multi family property to live in and rent the other units, I intend to purchase in about one year under a FHA loan or 203(b) if needed. I was wondering if anyone had recommendations on where to learn more before I purchase. I appreciate any help thank you for your time.
-p.s. I have read the majority of bigger pockets and listen to the podcasts
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Quote from @Noah Field:
Iv been studying real estate investing for about one year now and have a goal of owning a multi family property to live in and rent the other units, I intend to purchase in about one year under a FHA loan or 203(b) if needed. I was wondering if anyone had recommendations on where to learn more before I purchase. I appreciate any help thank you for your time.
-p.s. I have read the majority of bigger pockets and listen to the podcasts
Hey Noah, welcome to the BiggerPockets community!
I think it is important to try to find a mentor who is doing what you want to do. I like to try to set up every month a meeting with someone I think I can learn from or who could be a potential mentor. Try to attend your local REI networking groups and meetups. Connect with as many real estate mentors as you can.
I always come full of questions and ready to learn. Many are specific to the individual that I am meeting with but there are some questions that I have taken from John Maxwells book "Good Leaders Ask Great Questions."
You may want to use them too:
1. What is the greatest lesson you have learned?
- By asking this question, I seek their wisdom.
2. What are you learning now?
- This question allows me to benefit from their passion.
3. How has failure shaped your life?
- This question gives insight into their attitude.
4. Who do you know whom I should know?
- This allows me to engage with their network.
5. What have you read that I should read?
- This question directs my personal growth.
6. What have you done that I should do?
- This helps me seek new experiences.
7. How can I add value to you?
- This shows my gratitude and desire to add value to them.
These can be a great starting point for you. You never know if someone will say yes or not until you ask. Be bold and ask people to meet up.