Updated almost 6 years ago on . Most recent reply
Another New Investor
Hi BP Community,
I'm a brand new investor near the Lafayette Indiana area. I'm a test development engineer and I really enjoy solving any kind of problem, working with my hands, and building things. I'm actually working on a web scraping script to pull all the key information from the MLS so I can increase my speed at property analysis. I just want to be helpful.
My main goal with real estate investing is to create a secondary income so that I can afford to purchase my family's farm. My second goal is to spend more time with my family (and my dog Elsa).
I'm super new to this, so don't be surprised if I ask some really basic questions, like if REA means Real Estate Association(?). Right now I'm mainly just focusing on education. I've been immersing myself in the BP Podcasts, which have been incredibly educational! One of the most influential quotes I've ever heard for getting started is "anything worth doing, is worth doing badly." Meaning anything worth doing is worth making yourself look foolish at first, but to always keep striving for perfection (or in engineering good enough).
One thing that really scares me about real estate investing is that it's a people business. Like most engineers, I'm quite introverted and therefore my interpersonal skills are not the greatest. Technical/not so technical skills I've got. Communication skills, not so much. That's why I'm working with my cousin who is a realtor and my brother-in-law who was a property manger for years. Both of which are natural born people magnets. Hopefully together we can build a great investment team!
Thanks for the help,
Pete