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Updated almost 3 years ago on . Most recent reply

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New to REI but Ready to Get started

Posted

Hello everyone! I am a travel nurse ready to hang up my traveling shoes here in the next year. I just moved to DFW this year and I have consumed a lot of my time reading and listening to REI podcasts and books. I'm ready to get in to real estate, but I feel stuck. I don't know how to get started with building a team. I would love to do some STRs and flips. My biggest passion would be renting out to travel nurses for some of my rentals. I would love if any you can give me some advice towards getting started or point me in the direction of a good mentor. Thank you!!

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25
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10
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Nick DiFinzio
  • Rental Property Investor
  • Long Island, NY
10
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25
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Nick DiFinzio
  • Rental Property Investor
  • Long Island, NY
Replied

Hey Maleshia! Congrats on joining the BP community. I am also a newbie investor, I currently have a house hack in NY and I am currently looking to pickup a Small-Multi family in South Central PA. I am far from an expert but I am in the process of doing what you just asked how to do, build a team. I will tell you that BP is a great tool when it comes to this. I started out by reaching out to other investors who invest in the area to see if they had any good realtors. Also did some google searches and came up with a list of about 8. I did phone interviews with all of them to pick their brains a bit to see who had a passion for investing and who just sells homes as they come. You'll know who you want to use. And just repeat that process for contractors, PMs, and lenders. I currently have a few lenders lined up and 2 realtors I am working with so I am confident I will get a property under contract within the next few months. Hope this helps! Goodluck!

  • Nick DiFinzio
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