Aspiring Real Estate Investor Ready to Dive In – Advice Welcome!

[Brett Siegel]

I’m Brett, a 29-year-old general dentist based in Loudon county. After years of focusing on my career and building financial stability, I’m ready to dive into real estate investing and start creating passive income and long-term wealth.

My short-term goal is to purchase my first duplex or single family rental. 

Over the next 5–10 years, I plan to scale to a portfolio of rental properties and eventually diversify into syndications.

I'm particularly interested in the Lynchburg, VA market and other areas with strong rental demand.

What I Bring to the Table:

I’ve been saving aggressively, and I’m exploring physician loans to help get started with minimal upfront costs.

I’ve done a lot of reading (shoutout to BiggerPockets books!) and am eager to connect with experienced investors to gain practical insights.

What I’m Looking For:

Advice on identifying cash-flowing properties and understanding market trends in Lynchburg or similar areas.

Recommendations for a local real estate agent or property manager with experience working with investors.

Insights on how to balance active and passive investing as I grow my portfolio.

I’m grateful to be part of such an inspiring and knowledgeable community. I’m excited to connect, learn, and eventually contribute as I gain experience.

Feel free to drop your wisdom or recommendations—I’m all ears!

Thanks,

Brett

[Nick Belsky]

@Brett Siegel

Welcome to the community and be ready for a huge amount of information at your finger tips. Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights. Great tools that get updated regularly.

I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.

We are all here to help you learn and grow. Feel free to ask anything, anytime.

Cheers!

[Patricia Steiner]

You need bench strength. Engage an investor-focused realtor/broker in your preferred market (this is not a residential realtor) and start 'tire kicking' the market and properties that fit your criteria. This does not mean actively acquiring but rather considering valuation, market demand and rents, and potential ROI. There are no upfront costs so why not establish a relationship with someone who actively represents real estate investors and move forward with vetting your ideas.

Best.

[Chris Webb]

You should come to one of the Lynchburg meet ups, the next one we are touring a flip. Also, there may be a very good investment channel that reviews cash on cash return in Lynchburg, InvestLYH. 

[Todd Anderson]

Brett,

Welcome to BP and good for you to aspire to invest in Real Estate. 

I work with investors all the time in your situation.  You have a job that keeps you busy, but you want to start creating wealth through Real Estate.  What the people that I talk to find is that they don't need to be confined to one area.  If you are looking to invest for wealth and not looking for another job don't be afraid to look at investing out of state.  

When I finally did this I found that I could invest in a market that had far better growth and for sure better landlord laws.  Many of the investors that I work with are from the West coast or the Northeast and it just doesn't make sense for them to invest around where they live.  To do this you will need to find a good team or a turnkey provider.  There is no doubt you will be able to find a deal that work in any area it is just easer in some.  

Best of luck to you and keep learning.