New Investor - Looking for the first steps to getting started

[Alden Graham]

Hi Everyone, 

I am 25 years old and am really excited to get started with investing. I have a great job with great income, however I am extremely growth driven and the corporate world is very slow growth. I am seeking to become financially free in my early 30s and I plan to continue to scale from there. I am not afraid of action...however I will admit that I am intimidated by the current market. I live in Massachusetts, just north of Boston, and It seems that all opportunities are eaten up within HOURS of going on sale. As for the other deals that are not taken in minutes...they seem to be an absolute gut job. 

I know the intimidation is only due to my lack of knowledge so I wanted to reach out to everyone and see if there is any tips/tricks to getting my feet on the ground so I can at least get started. I am a big fan of the BRRRR method and would love to learn wholesaling just to raise some capital. I also am interested in out of state investments but am nervous that I will bite off more than I can chew...

Would love to hear from everyone! 

Best, 

Alden Graham

[Patrick Flynn]

@Alden Graham There are a shortage of houses right now compared to demand in the Boston area which is leading to the super competitive market. With that being said people are still grabbing deals every week and building their portfolios. @Rick Novotny gives great advice and I would echo on becoming an expert on a specific area because this alone will make you feel more comfortable. Two other things I would suggest: 1. Focus on one investment strategy starting out and run your numbers based on that strategy. If you try to do everything at once you will get nothing done. 2. Find someone who can help you find deals whether it is a wholesaler, an agent, or a investment partner learn from them and act quickly when you find something that fits your criteria. Good Luck!