Hi everyone, excited to be apart of this community.

[Bree Jimenez]

Hello everyone, my name is Bree I am a new investor looking into get my first rental property and try the BRRR method what tips and advice does anyone have when getting your first rental property? Also, what is the preferred credit score when refinancing does it matter?I have been listening and tuning into real estate rookie for over 2 years now, I have also been on YouTube university and watching and learning a lot about REI for over 2 years now and I am ready to apply what I know and get started my biggest goal is to get another deal under contract I understnad their will be trial an error but I'm excited about this. Is there anyone in my area i can get connected with? I finished my business plan finally recently. I started my LLC in the summer and still working through some kinks getting website started for marketing. Right now we have a schedule for everything we do D4D, sticky notes, we use dealmachine to find leads. I am potentially looking into getting a trailer at the begining of the year getting a trailer that may need some work to rent out. I also would like to get into the BRRRR method. I am ready for all things real estate but starting out I am doing one thing. I have over 30k coming in very soon and working on credit score. Any advise and information is greatly appreciated. I am always opening to learning more i also would like to be pointed in the direction of a reputable financial advisor for business purposes. Thanks in advance. Take it easy i am still a rookie and trying to learn all things possible. I have also read alot of books.

[Mike Fingleton]

Hey Bree,

It's fantastic to see your excitement... it reminds me of a friend of mine who was in your shoes not too long ago. She jumped into the BRRR method and found some unexpected challenges, but also some great successes.
When I started out, I realized that having a solid network was more valuable than any textbook could teach me. My buddy Mike, for instance, found his first investment property through a tip from a local barista and talk about being at the right place at the right time.
Regarding your credit score, while higher scores can open more doors, I've seen folks make strides with scores in the mid-600s. Lenders often consider the whole picture, so keep building that credit but don't let it hold you back from exploring options.
Since you're considering a trailer to fix up, have you thought about markets like East Phoenix or the outskirts of Austin? A client of mine recently renovated a mobile home in Tempe, and it's become a surpisingly lucrative rental. From what I read in the Wall Street Journal, there's a growing demand in those areas.
If you're on the lookout for a reputable financial advisor, I know someone here in Scottsdale who's helped new inverstors navigate the financial maze. Happy to introduce you if you're interested.
Starting out can feel like drinking from a firehose, but remember, everyone starts somewhere. If you'd like to chat more... maybe swap some stories over a decent cup of coffee... just say the word.

Take care, Pat & Jasper

Turning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC