Looking For Advice to Start Investing

[Matthew Muller]

Hello Bigger Pockets Community, 

I know some of you may be really busy building your real estate career so this will only take a few minutes to read. My name is Matthew. I live in the Indianapolis area and looking to start my investing career. I am currently a junior at Indiana University Purdue University Indianapolis. I am looking for advice on how to start my investing career. I have been reading about how to invest in real estate. The two books I have read are The Book on Rental Property Investing by Brandon Turner, and The ABC's of Real Estate Investing by Ken McElroy. Along with reading those two books I have watched countless number of YouTube videos and a few podcast. 

I am looking to start my investing career by buy and hold single family homes. While being a college student, unfortunately I do not have the money to buy any properties yet. I would just like some advice on what else I can do to learn more about the market and learn more about the process of investing. Along with any advice on a way I can start my investing career. Honestly any advice will do.

I totally understand if some of you are too busy to respond, but even a one- or two-line response would really make my day. 

Thank you for your time, 

Matthew

[Connor Mullen]

@Matthew Muller

Hi Matthew! I went to IUPUI my firat two years and tran sfered to Purdue for the next 2.5 years. I graduated about a year and a half ago.

The thing that helped me most were the podcasts, I try to listen to 20/week. While driving, at work, or just doing other things. The webinars helped me analyze deals. Now I paid for a year subscription from audible, so I can get the books the podcast guests recommend and listen to them at work too.

I just closed on my first property about a month ago, a duplex on the east side. Before that, I analyzed over 300 deals in the Indianapolis area. This truly helped me understand what a good deal would look like.

Even if you don't have the money now, still watch were you spend it and keep and idea on how you can lower your expenses.

Analyze deals daily and once you have the money. You will already be educated enough to tackle your first deal!

Hope this helps!