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Updated about 8 years ago on . Most recent reply
New member from Miami fl
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@Account Closed
Welcome to BP and also to Miami. I am a newbie myself and am working on my first deal. I have learned quickly that there is a LOT to learn, but all the resources are out there. Bigger pockets is one of the best things i have discovered and learned a tremendous amount from. One thing I learned is figure out which niche of real estate you want to go in. Is it Flipping, buy and hold, wholesale, short sales, commerical etc. Once you find out what is best for you, concentrate and learn as much as you can about it.
I am new to Miami myself and I am learning that the market is very expensive, but there are good opportunities, you just need to keep looking. Make sure that you set a goal and you write down that goal. If your goal is to buy one duplex that cash flows $300 per month after expenses in the next 12 months; write that down. Learn the steps needed to take to get you to that goal. And persevere, it sounds like you have a lot of initiative.
Best of luck to you. Keep us updated on your success.