Seattle-based Investor Asks: Am I still a newbie?

[Fred Shank]

Hi! So when is a newbie not a newbie? ...asking for a friend of course.  

Owning a few SFHs and moving on to a multi-family deal this year, as well as overseeing the real estate properties that are jointly owned by family members, seems beyond the title of 'newbie,' right? 

Well, anyway... all this kinda just happened, which is great.  (How it happened will be another post)

But now as I go forward, I'm looking at things differently than when I started two years ago. Really the only thing "new" about me is that I haven't posted to BP yet --- and that I wouldn't classify myself as a sophisticated real estate investor. All I have are these four rules, which guide my transactions:

• Invest in growing markets
• Diversify in types of properties, geographies, and partners  
• Make the numbers work
• No environmental concerns

SFHs, multi-family, commercial, land? All good to be explored as potential deals...as long as the rules are followed.  

But to answer my own questions, I think of myself as an "experienced newbie." I like to talk things out, learn from others, and share what I know. Seems like BP Forums is a perfect place to make that happen.