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Updated almost 5 years ago,
New to real estate investing and looking for some guidance
Hello everyone! It is great to be part of this new community and it is great to find because I have always been vaguely interested in Real Estate Investing but never really had any clue where/how to get started. I bought Kris Krohn's book a few months back and have been watching his video but couldn't tell if it is one of those scammy guru programs or good. I recently found Bigger pockets and enjoying the podcast. If anyone has any suggestions on any of the following circumstances of my current situation it would be greatly helpful as I am brand new and would really appreciate any and all help.
1. I have been living out of the country for several years as an English teacher and have saved plenty of money for investing however I don't have a current job since I just got back home. I recently got my insurance license and intending to start my own online agency but not sure if that will slow down my process in getting a loan since I know a normal W-2 job would probably make the process faster or not. Does anyone know much about this? Are there loopholes? If I got a restaurant job by night (to get the W2) and focused on Insurance by day would that be sufficient?
2. I am interested in getting mentored by someone who knows more than me and hopefully someone who is already successful but are there suggestions on how to approach these people? I have marketing experience with real estate investors in a previous job so I feel I can bring that to the table to help or intern for a person like this but will that even be attractive to a mentor? I'd like to know how to approach an investor in a way that will not put them off.
I'd like to get into house hacking but as you can see I have a few areas I am trying to work out before getting to that point. If anyone with similar past experiences can give any suggestions it would be greatly appreciated.
Kindly,
Garrett