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Updated 11 months ago on . Most recent reply
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How do you decide where to invest?
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
Most Popular Reply
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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!