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Updated over 7 years ago on . Most recent reply

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6
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Nick Iadicicco
  • Norwood, PA
5
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6
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Having Trouble Finding Way to start and finding a mentor

Nick Iadicicco
  • Norwood, PA
Posted

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

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124
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70
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Eric Hyde
  • Investor
  • Torrance, CA
70
Votes |
124
Posts
Eric Hyde
  • Investor
  • Torrance, CA
Replied

@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.  

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