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Updated almost 5 years ago on . Most recent reply

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Newbie investor want to learn more

Jacques Laplante
Posted

Hey I’m a newbie investor or should I say aspiring newbie investor and I kind of wanted to know what I could do to enhance my knowledge on real estate investing.

Most Popular Reply

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Nicholas L.
#5 All Forums Contributor
  • Flipper/Rehabber
  • Pittsburgh
4,225
Votes |
5,226
Posts
Nicholas L.
#5 All Forums Contributor
  • Flipper/Rehabber
  • Pittsburgh
Replied

@Jacques Laplante

-listen to every episode of the BP money podcast and the BP rookie podcast.

-call a bunch of different lenders and find out how much financing you qualify for. This is free (but they'll check your credit.)

-are you carrying debt? Are there ways to reduce your DTI? Can you save more each month?

-try to find some investor friendly real estate agents in your area. Look at online reviews.

-make a spreadsheet of properties that look interesting to you on Zillow, and run the numbers as rentals using online calculators.

-post SPECIFIC questions on BP (after researching the topic of the question, to see what's already been posted.)

-read a couple of Brandon Turner's books.

-watch the BP webinars each week.

-find a local REIA meet-up (many are virtual these days)

-sign up for creditkarma and monitor and improve your credit.

  • Nicholas L.
  • Loading replies...