Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
Classifieds
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 13 years ago,

User Stats

90
Posts
22
Votes
Jarred S.
  • Real Estate Investor
  • Pittsburgh, PA
22
Votes |
90
Posts

Start-Up Financing

Jarred S.
  • Real Estate Investor
  • Pittsburgh, PA
Posted

I am new to the site and have been overwhelmed with the wealth of information available on this site. I will be finishing school in December and would like to pursue real estate investing part-time to create passive income for the future. I'm sure I have read the same books as most but feel it is now necessary to network and bounce questions off of other knowledgeable colleagues. Currently I am building a business plan of sorts and need to know the steps to take. I plan on offering help to investors seeking properties in the Pittsburgh area in hopes of retaining worthy information (mentorship perhaps).
The next thing for me is to structure my finance plan. I need to know how much I need to start out. I want to buy and hold properties and plan to start at the beginning of the year. Can someone offer advice on assessing start up costs? I know it is expensive for lawyers, insurance, surveyors and such. I just wanted a rough estimate so I do not get myself into trouble off the start.
Any response would be greatly appreciated.
Thanks, Jarred Smeltzer

Loading replies...