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Updated 5 months ago on . Most recent reply

User Stats

23
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16
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Kyle Fitch
16
Votes |
23
Posts

Ready to Start My Real Estate Journey

Kyle Fitch
Posted

How’s it going everybody, 

My name is Kyle. I’m 34 years old and just now learning about how to use real estate to invest, so I’m definitely behind the curve. I’m hoping that I’ll be able to learn from all of you on top of reading as much as possible and listening to podcasts. If anyone has any advice on how to put my learning into overdrive please let me know!

It’s nice to meet you all!

Most Popular Reply

User Stats

43
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14
Votes
Matt Moore
14
Votes |
43
Posts
Matt Moore
Replied

Hi Kyle

You are in the right place to put your learning in overdrive.  Many YouTube videos and books on the subject will help, too.

I found that practicing analyzing deals was very beneficial. I downloaded a few Excel BRRRR calculators but created my own because I wanted to understand every calculation, factor and lever to maximize my investment.

If you are going to buy from a wholesaler, it helps to have a relationship with a few in the area you are looking for.  They may give you a heads-up on deals before they are released to all.  Also, when using a wholesaler, I put a deposit in escrow so they knew I was serious and could pull the trigger quickly. Suitable investments don't last long, whether in the wholesale or retail market. 

Good Luck

Matt

  • Matt Moore

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