New Members trying to learn everything we can

[Jordan Gobely]

Hello everyone, My girlfriend and I have become very serious about changing the way we operate in the world. Right now I work a long work week with pay that is no where near where I'm comfortable with. I have spent time reading up on as many things as possible surrounding real estate but am having a lot of trouble getting started. We really want to find some sort of mentor to work under and begin learning about investing. We don't really know where to begin, whether that is setting up a corporation, finding private lenders since we don't have the capital to use our own funds. We are overall just a little stuck and in need of some guidance. If anyone is in our area we would absolutely love to shadow you and see what you do and how you go about your business. If anyone has any advice or knowledge they would like to share we would really appreciate it!

[Sam Alomari]

@Jordan Gobely

Here is my 10 steps system (short version), that I leaned that on my own

1- Figure out your BIG WHY. Why do you want to become a real estate investor?

2- Read books, listen to podcasts, watch youtube videos, etc (self education), this will help you learn the basics.

3- Attend as many RE meetup groups as you can (group education), this will help you practice what you have learned in step 1.

4- Find your market. Are you investing locally or remotely, where and why?

5- Analyze as many deals as you can. Learn to quickly identify quick deals.

6- Find a mentor

7- Identify your investing strategy (with the help of your mentor). Wholesaling? Fix & Flip? Buy and hold? residential? commercial? Mobile houses? Land? Single family? multi-family? etc.

8- Find good source of properties (usually wholesalers), but you can be creative here. I found that some mortgage brokers have access to auctions 2 months in advance.

9- Make offers, don't be scare of making bad decisions and losing money. You know why? Because you will make bad decision and may lose money. There is a saying, to have what you never had before, you must do things you've never done. That's I learned from my mentor so I proceed with confidence!

10- Stay motivated by immersing yourself with books, podcasts, meetings, mentors and successful people and you will never lose your purpose.

Good luck!