Getting into real estate investing in the Silver Spring, MD area

[Ray Guevara]

Hi all, 

I am looking to get into real estate investing with low funds and the ability to spend around 2k a month on the business. I have been listening to the bigger pockets podcast for about to years but have not been able to successful. I am licensed real estate agent, with the main objective to try and use my license for real estate investing, but I could not figure out how to effectively use my license for investing. 

I want to learn how to build a sustainable business and reaching out to see if there are any mentors in the area willing to give someone an opportunity to  learn how they build their business and how they would start if they had to do it all again. I believe am coachable and will take immediate action on advice given. If you are in the area and willing to share your knowledge it will be greatly appreciated. 

[Nicholas L.]

@Ray Guevara

can you house hack

[Julio Gonzalez]

Welcome to BiggerPockets, Ray! This is a great place to learn and to connect with people so take advantage of all the great resources.

-Julio

[Jack Seiden]

Quote from @Ray Guevara:

Hi all, 

I am looking to get into real estate investing with low funds and the ability to spend around 2k a month on the business. I have been listening to the bigger pockets podcast for about to years but have not been able to successful. I am licensed real estate agent, with the main objective to try and use my license for real estate investing, but I could not figure out how to effectively use my license for investing. 

I want to learn how to build a sustainable business and reaching out to see if there are any mentors in the area willing to give someone an opportunity to  learn how they build their business and how they would start if they had to do it all again. I believe am coachable and will take immediate action on advice given. If you are in the area and willing to share your knowledge it will be greatly appreciated. 

The thing to understand about being an agent, that took me a little while to figure out, it’s a marketing gig, your actual skills as an agent are mostly irrelevant, most buyers won’t understand or care if they got a good deal or a bad one within reason. Given that there are two ways to grow your business, organically, posting here and on social media, I for instance have a blog, now both in my experience and talking with people who have or had tried to build that way, it’s wayyyyy harder now than before, interest in real estate is way down, I know a few people with pretty large YouTube following’s views are way down. The next would be direct marketing, mailers, paid advertising, Zillow leads. Basically you are spending a large sum of upfront money and hoping you get an roi on that, my understanding though I really don’t do that type of marketing is it was a good payoff if less than you would think based on total sales volume in the before times, but again as conversion rates fall it’s become harder to justify. Sorry for the lack of good advice but we are in one of the biggest home sales droughts in U.S. history so it’s just a tough market.

[Nico Garcia]

Quote from @Ray Guevara:

Hi all, 

I am looking to get into real estate investing with low funds and the ability to spend around 2k a month on the business. I have been listening to the bigger pockets podcast for about to years but have not been able to successful. I am licensed real estate agent, with the main objective to try and use my license for real estate investing, but I could not figure out how to effectively use my license for investing. 

I want to learn how to build a sustainable business and reaching out to see if there are any mentors in the area willing to give someone an opportunity to  learn how they build their business and how they would start if they had to do it all again. I believe am coachable and will take immediate action on advice given. If you are in the area and willing to share your knowledge it will be greatly appreciated. 

 You should stop by the Cash-Flow Breakfast club in Moco, great community/networking for real estate investing.