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Updated over 1 year ago on . Most recent reply
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New Member From Calgary
Hello folks. Just made the commitment to get into Real Estate investing 2 weeks ago. There is a BP podcast on the BRRRR Strategy with David Greene in which he gives a hypothetical example of two investors, Tom and Mike. I'd like to consider myself Mike right at the start of his journey. I'm based in Calgary Canada so would love to connect with other investors here in Canada.
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Quote from @Anthony Therrien-Bernard:
Quote from @Farai Kufakwedu:
Hello folks. Just made the commitment to get into Real Estate investing 2 weeks ago. There is a BP podcast on the BRRRR Strategy with David Greene in which he gives a hypothetical example of two investors, Tom and Mike. I'd like to consider myself Mike right at the start of his journey. I'm based in Calgary Canada so would love to connect with other investors here in Canada.
Hi Farai,
Congrats on taking that commitment! What are your main pain points right now?
Btw @Santhosh Nathan and I are in Calgary, I'll send you a DM as well
Right now I have three main obstacles.
#1. Ignorance. When it comes to real estate in general and real estate investing in particular, as of two weeks ago I was as ignorant as a bushman out of the Kalahari. So I'm investing loads of time into my education with Podcasts and books.
#2. My credit needs some major work after years of neglect. I have put in place a plan to get that cleaned up and raised to where it should be.
#3. I don't have much cash to get started with investing. I have a pretty decent income from my job so I should have a sizable chunk saved up to get started.
Given the above three obstacles, I'm giving myself 12 months to be in a position to start.