Basics of Real Estate Investing

Basics of Real Estate Investing

Raleigh, NC · Member since 2020 · 5 posts · 2 votes

Hi everyone! My name is Jack and I am currently 16 years old living in North Carolina. I stumbled upon this platform in a search on YouTube regarding learning the basics of real estate investing and I thought I would give it a try. I have read an ample amount of books about finances and general investing which included real estate investing. I became intrigued with the idea that one can buy a property, and then rent, or sell it in the future for a profit if the market performs well. I want to begin my learning journey early on so that when I am able to start making decisions I am well equipped. My main question in the post is: What would be the best learning strategy for me to follow? YouTube, books, podcasts, or all of these? Also if you have any other ways to start learning or any suggestions on which books/ YouTube videos/ podcasts are the best, I would love to hear some feedback! Thank you to everyone in advance!

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Investor · Raleigh, NC · Member since 2019 · 314 posts · 280 votes
5y

Great that you are taking time to learn so early!  I would read as much as you can on these forums as well as listening to the BP podcast.  There are also many webinars that BP offers which are free and many designed for beginners.  Follow some investors on instagram as you'll get quick nuggets of info and start building a network.

Find and join a group in your area.  I see you are in NC (me too, i'm in Raleigh) , and I joined TREIA. There are groups where you can simply go and listen to others and maybe get a mentor.

Anything else I can answer, just let me know.

Joe  

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  • Investor · Raleigh, NC · Member since 2019 · 314 posts · 280 votes
    5y

    Great that you are taking time to learn so early!  I would read as much as you can on these forums as well as listening to the BP podcast.  There are also many webinars that BP offers which are free and many designed for beginners.  Follow some investors on instagram as you'll get quick nuggets of info and start building a network.

    Find and join a group in your area.  I see you are in NC (me too, i'm in Raleigh) , and I joined TREIA. There are groups where you can simply go and listen to others and maybe get a mentor.

    Anything else I can answer, just let me know.

    Joe  

  • Raleigh, NC · Member since 2020 · 5 posts · 2 votes
    5y

    @Joseph Bafia

    Thank you for the feedback! I have started listening to the BP podcast as well as done some research on webinars. It’s funny that you mention the TREIA program, while I was searching, I found this program for the triangle area. I am also located in the Raleigh area so it works out great.

  • Investor · Durham, NC · Member since 2020 · 23 posts · 19 votes
    5y

    Hi Jack,

    I'm a new investor in Durham. Id be happy to connect and share what I'm learning with you. DM me here if you'd like.
    Best, Chris

  • Investor · Austin, TX · Member since 2018 · 119 posts · 114 votes
    5y

    Awesome that you're getting started so early! My advice would be soak up knowledge as much as possible (books, podcasts, webinars, etc.). Figure out what you are interested in and meet investors that are doing that, figure out where you can add value to them and create an apprenticeship out of it. You're gonna kill it!

  • Raleigh, NC · Member since 2020 · 5 posts · 2 votes
    5y

    @Kenton LeVay

    I am definitely starting to soak in the knowledge whether it be books/ podcasts/ YouTube videos! Thank you for your comment!

  • New to Real Estate · Mesa, AZ · Member since 2019 · 39 posts · 18 votes
    5y

    @Jack Cummings I am on my way to listening to all 425 or so bigger pocket real estate podcast episodes by the end of the year. (Sorry for the shameless brag. I started listening to them at the end of October 2019) The podcast is amazing but it definitely gets repetitive now that I've listened to so many so I cant say I would recommend you to do the same thing I did. I would recommend you check out the most popular podcast episodes or anything after show 400 while also making sure to check out something with more substance like an audiobook.

    Here is a Spotify playlist of all of my favorite episodes that I have listened to if you are interested: 

    https://open.spotify.com/playlist/181fVw320d4tiN35RRNvOY?si=MQwIvxxdT1uymk-QG89f8Q

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