New member from Green Valley, IL

[Steven Yeater]

New member from Green Valley, Illinois. I'm 21 with a fiancé and a child on the way. I'm very motivated to provide for my new family and am currently working two full time jobs with the intent to invest my saved money in real estate. Any advice from more experienced members would be graciously welcomed.

[Reginald Pintang]

Hi Steve,

First of Congrats on the child and soon to be wife!  You have come to a great place to learn. Great community here at BP.  

As you are new investing, you want to start by deciding what kind of real estate investing you want to focus. What do you want to get out of your investing? Decide that, and it will help you decide which strategy of investing you may want to pursue.  

Now that you have an area to focus upon, learn as much as you can, as fast as possible. Clearly define goals that will get you from where you are to where you want to end. Daily, weekly, monthy, yearly, 5 yr, and 10 yr goals. Review these goals and track your progress. As the 5 and 10 yr goals list should be short. The more frequent lists (daily and weeky) should be longer list. Try to create habits in your daily life that will propel you to your goal. Just starting out, it may be listening to a podcast on the way to work (I also listen to podcasts in the shower and as I get ready), or searching the mls for 20 mins, just to get a feel of the markets in your area. These habits can be great ways to start as you are working 2 jobs. Little tasks can add up to big progress. Figure out what you can do as time permits in your schedule.  

As you learn, try to identify your shortcomings (we all have them). In the future you will be adding employees to your team and those who are strong in your weaknesses will add tremendous value. Because at some point you will want your business to be a well oiled machine so you can have what every person wants... To be able to enjoy life on your terms. All the fun stuff.  Time with kids and family. Travel the world. Post replies on BP, etc. To be able to do what you want, when you want. 

I hope some of this will be helpful. Good luck with marriage, the child, and all your endeavors. BP is always here for any questions. 

And I'm sure someone will post the BP ultimate beginners guide (can't find it right now). Someone always does. Yeah, we're that kind of a community.

GO BP!