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Updated about 9 years ago on . Most recent reply
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
Most Popular Reply
Thanks all for your responses, and I'm looking forward to seeing more.
Part of the reason I'm doing this is money talks. I'm unemployed and I don't have any income, 24, and aiming to make my first million before 30. I don't think that is too much of a stretch for a goal.