Ian - Introducing myself to all of you & the world of real esta

[Ian Thomas]

Hey everyone,

My name is Ian obviously given the title of my post and I’m looking to become a real estate investor preferably wholesaling to become mainly because I’m broke. Not poor just broke lol. I am a beginner in this field but two things I know that are going for me and that’s the fact that I learn quickly and I love to hustle so I’m hoping I can build some great relationships in this forum and become extremely educated in this field. If you guys have any questions for me please feel free to ask me anything. Also, i lived in the northwest section of Philadelphia which is mainly Germantown, West Oak Lane, Mt. Airy section of Philadelphia so if you have any questions concerning property value or averages on rent for certain areas I can help even though I don’t have any properties at that moment. I hope to meet and talk to all of you.

Thanks for listening

[Nathan Platter]

Hi Ian,

Welcome to the forums! Your greatest assets at this point are time and energy, so offer those to other investors who have other assets (money, connections,...) and creatively offer ways to trade your asset for one of theirs.

[Chris Martino]

Hi @Ian Thomas, welcome to the site!

I am in the Philadelphia area as well, check out meetup.com for some local real estate events, there is one almost every night here. It's a great way to network meet other investors. 

[Ian Thomas]

Interesting you say that cause I was at one last night down in center city. Are there ones that you primarily go to? The one I went to was more advanced and less educational but I was still able to grasp the concept 

[David Bokman]

The best thing you can do for yourself is to invest in yourself! Books are free at the library, podcasts are free, there are about 100+ articles about investing and wholesaling all over the place along with TONS of free Youtube videos to watch and learn.  I would start with learning what a real estate investor is and does before you do anything else at this point.  As for wholesaling, it has nothing to do with real estate and everything to do with sales and marketing, without a marketing budget and a way of generating consistent leads it can be very difficult to sustain. 

[Ian Thomas]

Thank you @David Bokman for the advice on obtaining more knowledge before taking a course of action. Is there anything that you primarily think I should read or listen as a begin this journey? Also, I don’t want to get too caught up in learning to the point where I get stuck and either don’t want to do anything out of fear or out of continuous study to the point where I don’t act at all. I hope that made sense

[George Blower]

@Ian Thomas

Welcome to Bigger Pockets.

[Calvin Lipscomb]

Originally posted by @Ian Thomas:

Thank you @David Bokman for the advice on obtaining more knowledge before taking a course of action. Is there anything that you primarily think I should read or listen as a begin this journey? Also, I don’t want to get too caught up in learning to the point where I get stuck and either don’t want to do anything out of fear or out of continuous study to the point where I don’t act at all. I hope that made sense

 Congrats on your journey.  The first question that I think that should be addressed is; What is your current plan in investing in real estate.  Are you flipping, are you whole selling, investing in notes, are you interested in tax liens, how about major rehab work, and etc?  That would determine what you should focus on.