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Updated about 1 year ago on . Most recent reply

User Stats

14
Posts
18
Votes
Maria Diaz
  • New to Real Estate
  • Orlando, FL
18
Votes |
14
Posts

So much to learn - a bit overwhelming

Maria Diaz
  • New to Real Estate
  • Orlando, FL
Posted

Hello!

I’m trying to learn the ropes as I go. I haven’t purchased my first investment property yet and honestly, I’m determined to gain knowledge through self education and I have no rehab experience nor have ever worked with a contractor. It feels very overwhelming but you have to start somewhere. I would also love to be able to shadow or speak with a contractor to know and gain knowledge from them. Alas, I don’t feel like I have a lot to bring to the table so to speak so not sure that idea could even be entertained.  

I’ve been looking into the meetups forums and wonder if this is the right avenue I should pursue? I know I don’t know everything. When reading the posts on this forum and listening to podcasts, etc, I always hear or see an acronym or a term that I’ve never heard of which gets discouraging. I know things take time and experience but does it get easier? 

I’ve messed with the calculators on this site picking random properties that interest me (particularly in multi family homes) but I know from this site that you need a good team. 

I’m also quite introverted and know that this will need to be something I “get over” in order to succeed in this new venture.

I’ve looked at the book selection and wanted to ask the community if there are any other books you recommend?

Sorry for the long post but trying to ask the burning questions to this wonderful group of experts. 

Thank you!

Most Popular Reply

User Stats

5,050
Posts
4,019
Votes
Nicholas L.
#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Flipper/Rehabber
  • Pittsburgh
4,019
Votes |
5,050
Posts
Nicholas L.
#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Flipper/Rehabber
  • Pittsburgh
Replied

@Maria Diaz

go to meetups and talk to everyone.  folks at meetups love to talk shop.  in my experience, in multiple markets, experienced investors LOVE to talk to new investors.  so make a goal to go to 25 meetups and talk to at least 2 people at every meetup.

can you house hack?

  • Nicholas L.
  • Loading replies...