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Updated about 9 years ago,
Building my Real Estate Business
I have been here on BiggerPockets for several months now, and I have learned so much about real estate investing. The forums and Podcasts have been great and extremely educational. However, I still find myself struggling to get started in the business. A little background: currently, I am an Enrolled Agent (EA), and I operate a small tax practice in addition to having the California Real Estate license. I have closed a few real estate deals, but I am finding that I am more interested in working with Real Estate investors buy and sell properties - less emotional.
The dilemma i'm in is that I don't know where to start in building my own successful real estate investment business. I originally thought that I could continue to use my real estate license to help investors buy and sell properties, save my money and then start investing. The problem is, I don't want to wait 10 years to start my investing career. I don't have experience in flipping properties, and with that being the case, I am certain that there aren't any investors who would allow me to work with them to gain experience to jump out there and start flipping to build a nest egg to start investing in real estate full-time. With that in mind, even if I was to acquire a hard-money loan to buy a property to flip and sell, joint venture/ partnership opportunities for a newbie would be in my guess minimal.
Does anyone have any suggestions that could possibly point me in the right direction? Should I continue to work and save enough money to fund my first deal entirely on my own, and then start my investing career?