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Updated almost 7 years ago on . Most recent reply
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Nebraska the good life...
Hey guys! I'm new to Bigger Pockets and have been listening to hundreds of podcasts and read about a dozen books so far. I feel like I have learned so much the last few months and have much more to learn. However, I feel like I am ready to dive in with both feet and get started. My Goal is to have my first Property by the end of this year (no experience in real estate) and I have a few local mentors that I sometimes talk to and ask questions but I don't like to bug them too often. While both are doing well in Nebraska they both believe the market is gonna crash in a year so in the area. My question to you guys is, should I continue to study real estate in my home state or reach out to other neighboring or more prosperous states. I would like to get my real estate license and possibly brokerage in the long run but, I want to make sure i'm not throwing myself in front of a bus here. My "mentors" are in larger towns (Omaha) while I am stuck in a smaller town (60k people). I am more than likely gonna have to leave my home town if I want to be successful in this business, but should I go one step further and leave the state? Let me know what you guys think I would love to hear from you!!
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I would definitely start in your own backyard first. I’ve done deals in both cities. In my opinion there’s less competition in grand island and it would be a good safe place to get your feet wet.
Good luck!