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Updated over 4 years ago, 05/21/2020
Newbie from Arlington, TX
Hi my name is Adaora Nwogbo i live in Arlington Texas and for occupation I am a Broker (Trader) at a brokerage firm. I am a new investor to real estate and the reason it captured my interest is because my mom encouraged me to venture into it. She currently is an investor herself but most of her properties are in Nigeria and she is breaking into the American market so she gave me the push also. I heard about Bigger Pockets through one of the Real Estate Investing Group in my area IMPACT while i was researching. I had no idea how to start so the co organizer encouraged i start with Bigger Pockets. Here i am.
I am interested into looking at multifamily units in the DFW area (looking closer into the Fort Worth area) and I want to adopt the buy and hold strategy. My time frame to buy a property is 1-2years as I want to do a conventional loan for my first property and still saving for the 20% down payment using an average median of house prices around the area as my saving goals.
I started watching some webinars and soon after started to try and analyze deals using Realtor.com first. I realized i was dealing with generalized numbers and not truly going in depth. So I read the 'The Ultimate Beginner’s Guide
to Real Estate Investing' and it helped me realize that i had to narrow down my niche and look at specific criterias that would better help me analyze deals by doing research into them.
I am currently in the education phase and will be looking to read the 'First Time Home Buyer's Guide' next. Some of the moderators post step by step points with links on how to get the most out of Bigger Pockets as a new investor.
I was honestly quite overwhelmed because i felt like i had to reach a certain level of knowledge before posting to make myself more credible but i decided against that and just wanted to post an introduction. I am quite excited to be part of this movement in realizing financial freedom or any other personal goals and looking to set a realistic routine for myself for motivation purposes. Thank you Bigger Pockets for the opportunity to learn, grow and network.