Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

27
Posts
5
Votes
Niki M.
  • Alpharetta, GA
5
Votes |
27
Posts

I Need encouragement...

Niki M.
  • Alpharetta, GA
Posted

Hey BP Members,

I'm getting really discouraged with this market. I'm relatively new to real estate investing and I have made it my goal to buy at least one turnkey property in 2020.  But this market is brutal and being more conservative and inexperianced, I'm finding it dificult to find a property that will cashflow.  

I guess I'm just looking for some encouraging words or advice to keep at it.

I am determinted to meet my goal this year!!!

Thanks all!

Most Popular Reply

User Stats

540
Posts
285
Votes
Frank Hinck
  • Rental Property Investor
  • Minneapolis, MN
285
Votes |
540
Posts
Frank Hinck
  • Rental Property Investor
  • Minneapolis, MN
Replied

@Niki M.

Take a year, I know it seems long but trust us real estate and “deals” will still be there albeit anything you’re looking at now won’t. Take a year and 1- listen to a BP Show per day, 2-cut your living expenses as much as you can believe it or not you can find $1,500/month by reducing rent & car & cutting luxury expanses and in a year you will have $18,000 - this will suck but it’s an investment!! 3-Network! On BP forums, meetups, REIAs, coffees, find your local experienced operators/NOT paid gurus and see if you can help them find deals, drive for dollars, analyze deals, line up contractors - it’s your unpaid internship to soak up as much experience as you can handle - - best of luck!!

PS fill out your profile and add a professional pic

Loading replies...