New rental property investor here

[Adam Peralto]

Good Morning!

My name is Adam, and I'm born and raised on the Island of O'ahu. I just stumbled on this page yesterday and have been binge watching BiggerPockets channel on YouTube non-stop, lol. I joined a program called Sweep Strategies a year ago - which is a local company here in the island. Basically, they teach you to "sweep" all your debt into either a PLOC or HELOC. Another program they offer is teaching how to buy rental properties in the mainland, or rest of the United States, just because the market is ridiculous here in Hawai'i. Median price for a single-family home is about 1Mil and town homes around 500K. Earlier this year I teamed up with someone from Boardwalk properties and bought my first rental property in Birmingham, Alabama. The benefit is they make it easy for you as far as getting everything aligned, but of course the downside is they take a bigger cut. I'm hoping to learn as much as possible from BiggerPockets and anyone who's knowledgeable so I can figure everything out on my own(or from you guys). I'm hoping to get a 2nd property within the next 6-12 months using my HELOC and build on from there.

The only questions I have is if someone can point me in the right direction on where to start or who to talk to as a newish real estate investor?? 

Thanks

-Adam

[Corey Conklin]

@Adam Peralto Welcome to the world of real estate investing!

There is a lot to learn but it's not as scary as you may think. I would keep reading the forums here on BP and learn from as many people as you can, network with people, and keep taking action. Define why you want to invest in real estate, come up with a plan, and start executing the plan.

You'll make mistakes along the way but that's part of it so don't sweat it.