Hello Bigger Pockets: Newbie

[Todd Strong]

Hello everyone,

I would like to introduce myself to the bigger pockets community. The podcast has been such a great resource in expediting my learning about real estate. I'm a first time investor just looking to learn the ropes. I'm interested in learning about how to evaluate deals in multi-family homes. Currently, I live in TN and the city I live in is growing rapidly. This has been making it difficult to find a good deal especially since I just graduated last year. If anyone has any advice about assessing markets or deals it is greatly appreciated. Lastly, I know this is during the Corona Virus pandemic but I figured what better to do than to learn! Thanks

[Adrian Fajardo]

@Todd Strong I like your optimism Todd. I would suggest figuring out the area you feel comfortable investing in. Start talking with a lender and get yourself a pre-approval letter. This will tell you how much you can afford and how much is your monthly payments. With that 2 information, you can find an area where rents offset your monthly mortgage payments. 

I hope this helps. I wish you the best in your investing journey! Stay safe out there.