Homeowner, Real Estate Agent · Frankfort, KY · Member since 2014 · 7 posts · 0 votes
I just recently got a real estate license in Montana. I am looking to help people find their next homes as well as hopefully help people find rental properties.
My goal is is to learn how the process works and eventually begin to invest money in rental properties.
Investor · Clark Fork, ID · Member since 2015 · 84 posts · 5 votes
10y
Welcome
@William Roberts , I'm just over the hill as they say in Montana, you have come to a great place to learn. Use the learn tab in your tool bar to access some great info. Here's to success.
Lender · Tucson, AZ · Member since 2015 · 279 posts · 91 votes
10y
William:
Good afternoon, and welcome to BP! Here's some food for thought:
Before you make your first investment, meet with a mortgage/financial professional. They'll ask you to share your short- AND long-term goals, and then they'll help you construct a plan that will do two things:
1. Achieve your short-term goals that will produce proceeds and resources that will,
2. Give you the wherewithal to pursue and achieve your long-term goals
Many investors start off "too hot", and they either overdevelop their first property or they spend their money too fast - either of these behavior will stop you dead in your tracks, and you probably won't even be able to achieve your short-term goals - and you certainly won't have the resources to pursue your long-term goals. Since you're not paying a mortgage pro for consulting, it's in their best interest to give you a solid plan so you're successful.