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Updated almost 7 years ago on . Most recent reply
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Newbie Offering help in exchange for experience and knowledge
Hi!
I am just getting started out in my real estate investment career... well sort of. I probably wont be ready to buy my first buy and hold for at least a year unfortunately. I need to build up some cash reserves and I am still reading and doing some homework.
While doing my research and reading one of the repetitive suggestions is to find a mentor. I plan on heavily relying on this community, but I feel that it would be good to have a go to person as well.
Although I am some time out on my first purchase I want to continue to learn as much as possible and network. So, I am looking for someone that I could help out in exchange for knowledge and experience. I am not really sure what that is... but I am willing to do a little work.
Now, I do have a full time 40 hour a week W-2 job and a family, so my time is somewhat limited. I have a couple hours after work and some time over the weekends, it would be best for me if I could help remotely some how.
Let me know if anyone has any suggestions am open to them or would like to take me up on the offer. I live in Cleveland Ohio, but if I could help in some way remotely this person doesn't necessarily have to be in the area.
Thanks! - Brian
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For me I am aslo new, the safest way to do it is to house hack, for me personally, I am closing on my first 3 bedroom house with a basement near a college here where ii live, so will live in the basement and rent out the 3 rooms to college kids/ or friends. And looking at near investment properties with tenants already in place. Look up on youtube how to calculate numbers on rental property on youtube. Should give you a good start on the numbers! Hope this helps. Look up Grant Cardone on youtube and check out the rich dad poor dad series they help expand the mindset on real estate (Audio on youtube). I am audio listening to Millionaire investor by gary keller its good. But you have a family, look into 4 plex and duplex where you can house hack live in one place with lower down payment than an investment loan and rent out the other spots.