New Member Introductions
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated about 10 years ago on . Most recent reply

New investor looking for mentors
I am a new investor, based in the northern virginia are.
My wife and I just started our first real estate investment business and I am feeling a little overwhelmed with the learning curve. Please ease my mind about what I do know and help me to keep learning every day.
Most Popular Reply

Welcome to game Chris.
Go look at a property today. Do it everyday, doesn't matter what it is. You will need the experience of just looking at options.
Be conservative with your numbers. Take your projections and add another 10% to the expenses. Until you really get a feel for how to analyze you will tend to be a bit rosy.
Be ready to make a mistake. Because you will, and it will cost you money so be ready for that.
Have fun! if it isn't fun you might as well just stick you the regular jobs!