Starting Out
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated almost 13 years ago on . Most recent reply

Frustrated in NY area
I've been to guru 3 day training and I am frustrated and in need of personal one on one mentoring. Would love to get a deal done in 30 days.
Most Popular Reply

Stephanie Morris,
Welcome to BP. Do not get frustrated so easily...real estate is just like any other business, it takes time to learn what you need to know before you can open up shop. I am not sure which guru course you went to but I hope you did not spend too much money, as many of these courses are not much more than a amateurish sales pitch. Getting a deal done in 30 days is a very aggressive goal, especially if that guru course is the only real estate training you have received. I would recommend the following:
1) Stick around on Bigger Pockets. There are tons of successful real estate investors right here who are more than willing to answer questions and provide advice. Search the forums for the answers you have, as many of them will have been asked and answered already. You will find a goldmine of information here without spending a cent.
2) Start to learn your real estate market. Drive around neighborhoods and see how many properties are on the market. Check into prices and attend open houses. The more you know about the market, the more success you will have.
3) Check into joining a local real estate investors association. There are several threads about what to look for in a good association (try a forum search). In general, look for one that does not constantly have people pitching products/programs. Looks for one with a solid group of experienced investors.
4) Check out your local library. There are hundreds of books about real estate books. Again, use the forums to find many recommendations by some of BPs top contributors.
5) Stay focused. Again, real estate investing is not easy and your will secure long term success by first building a solid foundation of knowledge.
6) I am not saying you will not be able to get a deal done in 30 days, but that should not be your number one priority. If you rush into things you may close a deal in 30 days, but there is a good chance it will be one that loses you money.
Again, welcome to BP. I hope you find all the information you are seeking. I am sure you will find a mentor willing to show you the ropes, especially if you offer to help them in return. Good luck!