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Updated over 1 year ago on . Most recent reply

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Guy Cardinale
  • New to Real Estate
  • Long Island, NY
6
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3
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Looking for advice for a first time investor

Guy Cardinale
  • New to Real Estate
  • Long Island, NY
Posted

Hello everybody! 

Excited to join a great community here at BiggerPockets!

I am currently halfway through the "How to Invest in Real Estate" book and want to ask you all some advice. 

What recommendations would you make for a first time investor? 

I have a background in Project Management and am happy to help anyone in any aspect in order to gain some insight into the Real Estate Business. 

When it comes to my financial situation, most of my money is in savings and index funds, so when it comes to making my first purchase I don't have a lot or expendable cash to use. Has anyone been in a similar situation when starting off? If so, what was the path you took when it came to securing funds and what type of property would be the best for a situation like this? 

Appreciate everyone's help! 

Guy

Most Popular Reply

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Congratulations on getting started on this incredibly rewarding journey! To start, I would dedicate a substantial time period to immersing yourself in forums here, watching videos from experts, and going to local real estate meet up events to start making connections. Take the initiative to connect with individuals who share your passions or those who have progressed further along a similar path.

Whenever it comes time to build your team, take the time to find people that you trust that you know will steer you right.

Ask lots of questions and don't be afraid to network and reach out to anyone and everyone that you feel may have good advice or may be a good member of your team.

Remember, the path to success is paved with continuous learning and connection-building. By actively getting out there, establishing relationships with like-minded individuals, and engaging in meaningful conversations, you are laying a strong foundation for your personal and professional growth.

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