Newbie from the Rocky Mountains
Hi everyone,
My name is Derik, I am new to BP and real estate investing in general. So needless to say, I don't have any background experience in real estate (reluctantly admitting). Like some meetups I've joined, I am here to learn (e.g. negotiating, separating a good from a bad deal, etc) and network with investors, and make solid connections. My main niche I'm looking at are multi-family properties (like apartments) to invest in. I listened to real estate investor, Grant Cardone, and he said unless you have money you can burn, skip the single-family properties, and look for a multi-family property that the average rent paid is low.
By trade, I am a musician, and while I am looking for that to be my main source of income, I am looking to have multiple streams of income to build a pretty net worth.
Looking forward to meeting you all, if you have any questions, feel free to ask. This puppy won't bite. Thanks.
Derik