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Updated over 7 years ago on . Most recent reply
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Having Trouble Finding Way to start and finding a mentor
I am new to real estate investing. I have joined a local REI group and I am still trying to understand where to start. I have been told to just pick an area and jump in ( mulit fam, fix and flip, buy and hold,etc) I know there are things you will have to learn on your feet but I am having trouble just jumping in. I know it also comes in time with finding a mentor but every where I turn I feel like its some kind of school or class. I know that nothing is free but it seems like there isn't a person who could use some help in a flip even if its just carrying supplies or helping where ever I can. I am looking for some kind of guidance.
Thanks, I know that this a long question.
Most Popular Reply
@Nick Iadicicco I have been helped by several people with no strings attached in the past. I have always felt the importance of giving back to others as well. If I can be of help to you, I will. My first recommendation would be to figure out what you want to do. There are many options as you mentioned. Several things to ask yourself include: How much money do you have to invest? How much time to you have to commit? Do you have a special knowledge or skill as it relates to real estate? What are you good at? What do you suck at? These are just a few. I started my investing journey on 'buy and holds' then moved to note investing. I currently buy non performing, residential first liens. If you find yourself moving in either direction, I can help answer some questions. If I don't have the answers, I can guide you to someone who does.