New from Hot and Sunny Tucson, AZ

[Benjamin Sobey]

Hi,

I have decided to get serious about real estate investing. I am looking to invest in Arizona, but I am also looking to invest in markets in the Midwest and Southeast as well. My goal is to build sustainable cash flow through buy and hold properties. I plan to start with SFR and/or small multifamily and eventually move into larger multifamily properties.

I would like to connect with investors, realtors, syndicators, and lenders. My hurdles to overcome before making my first investment include figuring out financing, learning to understand the market I am investing in, and developing an understanding of how to structure partnerships and/or syndications.

I am looking forward to making meaningful connections on bigger pockets, and digging into the forums and educations materials available here.

[Naftali Tolibas]

Hey @Benjamin Sobey

I started off like you about 8 months ago and have just recently closed on my first property. You're doing all the right things! Taking action is definitely a step in the right direction.

Here are a few ways to start:

1) Educate yourself. Forums, Podcasts, books, Youtube. Eat sleep breathe Real Estate. Get to know the lingo. Get to know your market, whats the median price, what's considered a 'deal'? What's the rents like? etc.

Here's the link to the beginner's guide:

A link to the podcast:

I've also been reading the Long Distance Real Estate Investing book by David Greene. Get it on Audible, it totally relates even if you don't plan on going out of state. I'm actually considering investing out of state now, but that's a different topic.

2) Network. Find others around you here on BP. Take them out to lunch, coffee. Pick their brains, their successes and their failures. I'll see you tonight at the AZREIA meeting by @Patrick Allen

3) Take Action: Save capital, evaluate deals. And once you've saved enough, find a deal and get it. Ask yourself how you can get the deal done, plan and execute. You're almost there!

The take action part is the toughest, but it is also the most rewarding! Plan, plan, and plan again. RE is a marathon, so take your time, and enjoy the views!

Happy Investing!