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Updated about 1 year ago on . Most recent reply

User Stats

20
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Stefan Fabry
  • New to Real Estate
  • Florence, MA
13
Votes |
20
Posts

How do you decide where to invest?

Stefan Fabry
  • New to Real Estate
  • Florence, MA
Posted

Hi, my name is Stefan Fabry.

I'm in Northampton, MA. 

I'm a Roockie with one year of studying the ins and outs of RE investing behind me. 

Analysis paralysis plagues me now. I'm sure many have been in that place as well.

I'm curious: what resources have you used to decide where to invest?

I'm grateful for your sharing


Stefan

  • Stefan Fabry
  • Most Popular Reply

    User Stats

    849
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    828
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    Simon Ashbaugh
    • Realtor
    • Columbus Ohio, Cleveland Ohio
    828
    Votes |
    849
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    Simon Ashbaugh
    • Realtor
    • Columbus Ohio, Cleveland Ohio
    Replied
    Quote from @Stefan Fabry:

    Hi, my name is Stefan Fabry.

    I'm in Northampton, MA. 

    I'm a Roockie with one year of studying the ins and outs of RE investing behind me. 

    Analysis paralysis plagues me now. I'm sure many have been in that place as well.

    I'm curious: what resources have you used to decide where to invest?

    I'm grateful for your sharing


    Stefan


     Hey Stefan, welcome to BiggerPockets!I suggest that you tune in to the BiggerPockets podcast as it could prove to be beneficial to your learning. The first step is to identify a strategy, choose a market that aligns with it and establish a team that will be your core 4 to real estate investing. The main challenge I observed is that individuals often lack a clear end goal or strategy or they select a market that doesn't align with it. Utilize tools such as market data and the BiggerPockets calculator. Begin with something manageable to gain experience and build your confidence. Learning how to analyze potential returns, cash flow, and profitability is essential to reaching for your goals. Hope this helps!

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