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Updated over 6 years ago on . Most recent reply

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Brandon Smith
  • Southwick, MA
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Beginner from Western Massachusetts

Brandon Smith
  • Southwick, MA
Posted

Hello All,

I just recently graduated college, and will be starting my first full-time employment opportunity this upcoming July.  As a finance undergraduate student, I've always been captivated with investments, and real estate has been my favorite type of investment opportunity.  I don't foresee myself buying a home in the immediate future, seeing as I'm currently broke and just graduated, but ideally I see myself buying and renting out multifamily properties.  Brandon Turner, one of the main contributors to this website, always talks about how his first property was a duplex that he lived in, and I personally think that's a great way to introduce oneself to real estate.  I see myself hopefully taking that same path.

As a broad question, is there any advice anyone could provide for setting myself up for success?  I don't foresee myself having enough money to make a down payment on a property for at least another 6-12 months, so in the meantime, I feel that probably the best thing I can do is educate myself as much as possible.  I've attended a few of the live seminars on this website, and they've been exceptionally helpful.  I've also been reading a few business books, and have just recently started collecting real estate specific books to read over.  Ideally, I want to be as confident as possible when purchasing my first property, and would love to do whatever I can to get to that point.  Any and all advice would be much appreciated!

Best,

Brandon

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Jack Butala
  • Los Angeles, CA
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Jack Butala
  • Los Angeles, CA
Replied

@Brandon Smith hello and welcome to BiggerPockets!

First, congratulations on graduating college recently. That in itself is an accomplishment you should be proud of!

The best advice I can give to any new investor on here is this:

First, BP is a treasure trove of information for new investors. Take advantage of the free blogs, articles, and podcasts on here. Be a sponge and take notes.

Second, consider joining a local real estate investment club in your area to network with other real estate investors and professionals locally.

Finally, bring your deals here so the more experienced investors can help you get your deals done right.

Happy to help in any way I can, Brandon. Feel free to PM me at your convenience.

I wish you all the best in your real estate investing career.

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