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Updated 3 months ago on . Most recent reply
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New to investing, looking for 3rd deal and advice
Hello all,
My name is spencer, me and my wife have worked with other investors for years, now we would like to branch out and do it for our selves. With the help of our mentor we compiled a new build, single family, and are closing on a flip soon. We would like to build our own relationships, gain knowledge and find deals. Our end goal is to build wealth over the next several years and leverage that wealth to buy multifamily commercial properties! Excited to be here and learn from you all!
Most Popular Reply
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Quote from @Savannah Holzer:
Welcome to BP, Spencer! It’s great to hear that you and your wife are taking the leap into real estate investing independently. With your experience and a clear goal to build wealth and transition into multifamily commercial properties, you're on the right path. Building relationships and finding the right deals will be key to your success - also make sure to start out small and go from there - don't get into something too big/you can't handle.
In our limited experience being on our own, finding the deal of course is the hardest part and is definitely a “it’s who you know” kind of deal. Our mentor has helped us find deals up to this point but they won’t be so generous for ever!! It’s time we build our own relationships!