Starting Out, New to this Real Estate

[Rodshelle Cole]

Morning, Afternoon, Evening. i just got signed on to this website and I been looking at all the forums and different things. Everything seems to be old and not updated. So I'm a little concerned like is this not a good idea to do?  I been looking into the Wholesales and Flipping but I'm lost and a little scared. I don't have much cash to invest, but with all the things i been reading, it gives off mixed feelings with what to do here. So my question is, is there someone out there that is willing to give me some insight on where to get started at? What to do and what not to do? What to read and where to go for extra guidance. I work in Finance now, but looking to make extra cash from time to time.

[Kim Stofan]

Hi @Rodshelle Cole Glad you found BP! There's an unlimited wealth of knowledge to be found in these pages to help kickstart your journey!

A few words of advice for you...

If you haven't already, make it a priority to get out a local Real Estate Investors meet-up. Interacting face to face will help tremendously with forming those critical relationships to aid your progress. Experienced investors will want to help you if you show initiative, drive, and genuine interest. Focus on how you might be able to help them in their business!

Avoid the "shiny object syndrome" by narrowing down your niche as soon as possible. Be very specific about what you are looking for.

Use the BP calculators every day to run the numbers on prospective deals. With lots of practice you will be able to identify a good deal quickly and jump on it when the opportunity presents itself.

Good Luck!