New Beginnings, New Invester

[Kevin Jones]

I'm a Newbie and I say that because I have been one of those who went to a lot of Real Estate Workshops, spent a lot of money on seminars joined a real estate investor Group. go to a  network support group. but no one wants to help me connect the dots with the information that I have. Seems like everybody doing there own thing its like I don't have enough experience to talk to me.I WANT TO START... I'm Willing to stick my foot end but with all this information I just don't know how to start. I spent so much money and people want more money to get a mentor.  understanding without application is just head knowledge. I have a strong Passion for Real Estate Investing that's why I put so much effort. I feel like I'm at the door but can't get in... My passion is pushing me back. I dream of Real Estate have visions. So I Just join the Georgia Real Estate Investors Association and going to start over Tonight. If anybody would like to give me a new route, New suggestions, New ideals any mentors that would like to help me connect the dots in the Atlanta area feel free to comment...  I'm just looking for help and once I get help I will help the next person that needs helps...  

I want to Thank you in advance for your help  

[Alexander Zurn]

@Kevin Jones let's start from the beginning! What type of strategy are you going to use? i.e. house hack, buy & hold, flip, wholesale, BRRRR. Once you've ID'd that, which I'm sure you have at this point, you can start taking the next steps.

Regardless of the strategy you are using, the next step would be to analyze deals and watch your market (wherever it is) to get to know it like the back of your hand so you're ready to make an offer when the opportunity strikes. "Getting to know your market" means a few things. Study the following: price of homes with 2/3/4+ bedrooms, RENT for homes with 2/3/4+ bedrooms, days properties are on the market, difference in sales prices for MF & SF homes then start looking at the actual neighborhoods: crime rate, unemployment rate, wages, any growth aspects. Understanding the economics drivers of the market can help you understand the type of people that are looking to rent in your market (i.e. pay you rent once you buy a property).

After knowing and understanding your market & analyzing deals on a regular basis, you'll begin to understand how the process works of making an offer. The team you need in place (agent, lender, contractor, etc.) to actually buy a house. After conversations with these people you'll be even farther along and have learned quite a bit from the actionable steps you have taken. Now it will be a matter of actually pulling the trigger and buying a home.

It starts with the learning that you appear to have done quite a bit for. I'd challenge you to not spend another dollar before making an offer on a place. All of the information you need is right in this site, I know because this was my guide to purchasing my first MF property.

You're in the right place, ask more questions! Good luck