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Updated about 10 years ago on . Most recent reply
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Newbie
Hello everyone, it's taken a while for me to sign up and introduce myself although I have been enjoying the pod-casts for a while now. My goal is to be a buy and hold investor for multifamily and some single family properties in my local area of Houston TX and I’m also looking at San Antonio TX. I love the bigger pockets podcast. I’m currently working towards listing to them all. Thank you members for your availability and advice to us newbie’s. I hope as I grow in knowledge and experience I can pay forward to same to someone getting started.
Most Popular Reply
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Travis,
here is the response I give to all new investors who are seeking advice on getting started.
The journey always begins with introspection. The first step truly begins by considering WHY you want to invest. If you don't have a very strong reason to start an entrepreneurial endeavor, you will surely fail early and often and in no time at all you'll quit. When your "WHY" is so big, so strong, so internalized...you will sacrifice anything and everything to succeed. You will devote every free minute to learning, to developing relational capital and to removing the barriers that are often put in place by long-time friends, co-workers and even family.
There is so much more to investing that reading a book or attending a seminar...it's work, it's time consuming, it's emotional. It's about growing personally and professionally every day.
Oddly enough, I'm expanding into Houston after moving into the San Antonio market last year. Perhaps there are opportunities for us to work together in the near future.