New to Bigger Pockets!

[Harley Kendall]

Hello everyone! My name is Harley Kendall and I am very excited to have stumbled into bigger pockets. I am new to the idea of real estate investing and I am very eager to learn! I just graduated college this last year and I have a drive to learn, grow, and make things happen. I would love any encouragement or advice for newbies who don't have much money to work with up front. Thank you, and I look forward to engaging with you all in these forum posts and potentially in business. 

[Taylor Dasch]

Hi Harley and welcome, Glad you decided to get into investing in real estate. Hope you are able to learn a lot on this forum like I have! Just be sure to set a timeline for the learning and take action! Thats the name of the game. Good luck. 

[Matt Vohnoutka]

Hi @Harley Kendall, welcome to BP! Depending on your goals and strengths/weaknesses, there are a thousand different directions you can go with your REI journey. As long as you put in the time to learn as much as you can up front and put that knowledge to work by taking action, you'll be just fine!

I didn't start with a ton of capital to work with either, so I was kind of in the same boat as you.  My journey started by listening to literally hundreds of episodes of the BP podcast, and taking notes on which guests had investment strategies that I could see myself trying.  From there, I decided that house hacking a single-family home was the best use of my resources at the time.  You might very well gravitate towards a different RE niche.  With time as your main deployable resource right now though, take that time to learn as much as you can until you find a path that sounds both realistically achievable with your current resources, as well as something that sounds interesting to you.

I'm always happy to connect with other investor folks around the Twin Cities, so feel free to shoot me a message on here if you want to chat directly!  Best of luck!

[Wale Lawal]

@Harley Kendall

Welcome to BP!

BRRRR is a low-cost real estate investing strategy that involves buying a distressed property, fixing it up, renting it out, and refinancing to pull out equity. It involves building credit and saving to secure better financing deals. Partnering with experienced investors, networking with mentors, and starting small with manageable projects can help achieve growth in real estate investing.

Good luck!