n00b in Salt Lake City, Utah

[Chad Arnett]

Hey there. My name is Chad Arnett and I'm brand new to this world. I have been consuming everything I can by way of real estate investing for the last month or so and am so intrigued at both the value it can provide and the freedom it allows. 

I bought my first house in SLC last April and have seen it go up in value drastically over the last year or so. I've rented out rooms in it to friends to help cover the mortgage and it has really opened my eyes to what is possible. Makes me want to kick myself for not doing it earlier! 

I work in digital marketing for a large health system here in Utah. I run the department that keeps the website running as well as all of our digital ads like google, facebook, youtube, etc. It's been a good gig for a while, but I love the idea of acquiring more properties and creating another source of income.

There's a lot about this world I don't understand, especially by way of lending and calculating ARVs but I'm diving into a few books, listening to as many podcasts as possible, and finding any advice/help I can on here to make sure I learn the right ways (or at least the best ways that work for me) to analyze and evaluate deals!

Looking forward to the journey!

[Jackson Pontsler]

No prob.  The Utah REAI has local meet ups every month.  If you want the details on that reach out to @Jeff Rappaport.

The biggest advice I can give is to determine what is:

1. DETERMINE WHAT YOU WANT! (A flipping company, rental portfolio, apartment building etc....)

2. DETERMINE IF YOU CAN START THERE! (you may not be able to start with apartment building)

3. DETERMINE STRATEGY TO GET YOU THERE! (Wholesaling -> Flipping -> Apartment building)

4. FIND SOMEONE WHO IS ALREADY A ROCKSTAR WHERE YOU WANT TO START AND WORK FOR THEM/ BEFRIEND THEM.

5. LEARN THE ROPES FROM YOUR FRIEND TILL YOU REACH THAT LEVEL OF SUCCESS

6. REPEAT 4 and 5 TILL YOU GET WHERE YOU WANT TO BE!

I wish you the best my friend and like I said feel free to continue reaching out.