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Updated about 9 years ago on . Most recent reply

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9
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Myles McDevitt
  • Kennesaw, GA
2
Votes |
9
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New investor looking to learn while building capital

Myles McDevitt
  • Kennesaw, GA
Posted

Hey everyone, my name is Myles. I am currently working to save up some money and pay down some debts before I jump into real estate. I joined BP so that I could learn more about my market (Atlanta), while also trying to network and meet other local investors. 

Most Popular Reply

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227
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158
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Steven Stokes
  • Specialist
  • San Francisco, CA
158
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227
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Steven Stokes
  • Specialist
  • San Francisco, CA
Replied

You'll always find a reason NOT to be in the market. But honestly, there are only two times when you want to be in real estate. That's when it's a buyer market and when it's a seller's market. They both require different strategies but they both can make you a lot of money. 

Don't be put off by people telling you that it's a seller's market. If it's a seller's market find a property to sell. If it's a buyer's market find a property to buy. It's not rocket science, it's all in proper planning. 

Find a few trustworthy investors with a good track record and partner in some deals with them. 

The most important thing is to just do something. Get off the sideline and start doing deals. 

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