Excited to start my real estate journey - Advice and Connections welcome!

[Tyler Fremarek]

Hi everyone!

I’m thrilled to join BiggerPockets and connect with this amazing community of real estate enthusiasts. Here’s a little about me:

• Background: I have a career in nursing and have recently started exploring real estate investing. I own two properties and am learning how to manage them while building wealth.

• Goals: My short-term focus is to optimize my property management strategies and potentially grow my portfolio. Long term, I aim to achieve financial freedom and transition into real estate full-time.

• Why I’m Here: I want to learn from seasoned investors, share insights as I go, and find ways to collaborate and make deals with others.

I’m particularly interested in strategies for investing with limited funds (like distressed property flips or creative financing), so any advice, tools, or success stories would be greatly appreciated!

Looking forward to learning and contributing to the discussions. Let’s grow together!

Best,

Tyler

[Nathan Gesner]

Quote from @Tyler Fremarek:

Many people claim you can invest with little or no money. That's true, but not nearly as true as they claim. 

I definitely agree with learning how to manage your investments. Too many new investors are focused on acquisition, and they never learn how to manage what they already own. You can lose tens of thousands with rookie mistakes. Whether you read my book or one of the others out there, I suggest you educate yourself and learn how to manage well before a mistake sours your plans.

Flipping is a great way to earn income, but the market has to be balanced. Sales prices and mortgage rates make it really hard to find good deals today.

Wholesaling sounds good, but you could make better money working extra shifts as a nurse.

You could look for run-down properties as buy-and-holds. Most investors want something easy. If you buy the properties they don't want (hoarder houses, dilapidated investments, etc.), then you can get them below market, fix them up, and make the numbers work. You can also look into seller financing.