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Updated over 3 years ago on . Most recent reply
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Best way for newbs to bring value to investors while learning
I'm new to Bigger Pockets forums, but my husband has posted a few times. We are new to investing and new to real estate. We have listened to several BP podcasts, read Rich Dad Poor Dad, and are working our way through several other of the BP books (we are on Set for Life at the moment). We have cut our expenses down as far as we can and are working on saving up for our first property. We have heard that the best way for newbies to learn is to get involved with a local, seasoned investor and become an asset to them.
So my questions are:
1. What is the best way to find a local, seasoned investor who would be open to teaching us? I see it kind of like an internship, hands on learn-on-the-go experience.
2. What knowledge/skills would be best to develop as we are looking for this person to make us useful to them and be able to bring value to the table on day 1?
Thanks,
Megan
Most Popular Reply
@Megan Semler
Just my terrible voice to text typos using my phone lol. Realtor who is investor friendly, meaning said Realtor knows what they are talking about with investment properties. Typically, if they know what they are talking about they would have their own portfolio.
So just ask them if they own rentals themselves. Do they manage them themselves? Do they lease them themselves? How do they do it? Can you show me how to do it?
If you can't get them to show you investment properties and run simple return on investment numbers for you move on.