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Updated about 2 months ago on . Most recent reply

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Cecil Shannon
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14
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New Member in Shasta County, Redding area of CA.

Cecil Shannon
Posted

Hello BP! I'm located in Shasta County CA and have been engulfed by the BP audiobooks, podcast and such! I don't have any investments yet mostly because my wife and I just got married and bought our primary residence. Wishing I had bought a duplex or really any piece of property straight out of high school for a jump start but here I stand. 

I have had a hard time getting started and am anxious to get my first deal. I'm thinking of a BRRRR deal but having just bought the primary, probably wont be able to go with conventional financing anytime soon but maybe!

We have a decent amount saved up and have thought about doing a out of state deal but might be good to do a deal near me to start out. 

What do you all think? Think I should just wait it out or dive straight in? Any advise of what a beginner should do?

Most Popular Reply

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Zeke Liston
  • Real Estate Agent
  • Columbus, OH
1,498
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Zeke Liston
  • Real Estate Agent
  • Columbus, OH
Replied
Quote from @Cecil Shannon:

Hello BP! I'm located in Shasta County CA and have been engulfed by the BP audiobooks, podcast and such! I don't have any investments yet mostly because my wife and I just got married and bought our primary residence. Wishing I had bought a duplex or really any piece of property straight out of high school for a jump start but here I stand. 

I have had a hard time getting started and am anxious to get my first deal. I'm thinking of a BRRRR deal but having just bought the primary, probably wont be able to go with conventional financing anytime soon but maybe!

We have a decent amount saved up and have thought about doing a out of state deal but might be good to do a deal near me to start out. 

What do you all think? Think I should just wait it out or dive straight in? Any advise of what a beginner should do?


Hey Cecil, if you're anxious about getting started, I would likely recommend starting off with something more turn-key and then doing a BRRRR for your second deal once you establish your systems and get a good team in place.

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