Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Sacramento Real Estate Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on . Most recent reply

User Stats

44
Posts
38
Votes
Mike Malyy
  • Investor
  • Sacramento, CA
38
Votes |
44
Posts

Advice for a new investor

Mike Malyy
  • Investor
  • Sacramento, CA
Posted

Hi all,

I have bought my first investment property last year with OPM, yay. It cash flows, but it has been a very rocky start for me as I had no clue what I was doing even after reading through the books/articles/forums, etc. Now (probably should have done this first), I would like to find a mentor who would take me under their wing and teach me. From all the literature that I have read, it's always suggested to build your network starting at local REI meetups. Is there any other way of finding a mentor besides that? Do you have any other advice for me?
I really want to get into this industry and willing to learn and work hard, but it feels like it’s very difficult to start without any connections, with limited funds, and with a full time survival job.

Thank you

  • Mike Malyy
  • Most Popular Reply

    User Stats

    9,829
    Posts
    15,800
    Votes
    JD Martin
    • Rock Star Extraordinaire
    • Northeast, TN
    15,800
    Votes |
    9,829
    Posts
    JD Martin
    • Rock Star Extraordinaire
    • Northeast, TN
    ModeratorReplied

    Mike,

    If you've already bought an investment property, and it cash flows, you have already surpassed probably 75% of the people here. Maybe more than that. Don't discount the fact that you *took action*, which is the hardest part of being a real estate investor. It doesn't sound like you need a mentor so much as a tribe of mentors, which is what BP can be. 

    First advice: post in the general real estate sections, rather than in the specific geographic ones. You'll get more feedback that way. 

    Second advice: ask the EXACT questions you are trying to find answers for. I will bet someone has a good answer, or can point you in the right direction. 

    business profile image
    Skyline Properties

    Loading replies...