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Updated over 4 years ago on . Most recent reply
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Quiiiiiiick Tips for Agents Who are Looking to Get Into Investing
Hi all,
I have a friend who is a real estate agent in Portland, Oregon, and she has expressed her interest in real estate investing. She sees the amazing potential it has to change her life, but she isn't sure how to get started. I have referred her to the BP podcast and the forum, but I don't believe she has made the time to check out either resource. I think she needs a little motivational push, just like I did when I first started.
Does anyone have any tips that I can share with her on how she can get started and use her current profession to her advantage when building her knowledge base, network and portfolio? How about any suggestions on how she can obtain the motivation/confidence to take the first step? I know that everyone has their own unique motivating factor that got them started on this journey, but maybe some of those can apply to her and her life circumstance.
As always, thank you for your time and wisdom my fellow BP members!
Most Popular Reply
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Dillon,
I think the best way for anyone to get involved is to partner with someone that is already doing it. Most new investors fear managing the rehab work or the contractors... It is intimidating to get involved in something that ties up so much money, without knowing what you are doing on a day to day basis as it relates to the project itself. Encourage her to get involved in a project, by partnering she will be able to leverage her strengths as an Agent while learning with context about investing.