Say what? Bigger Pockets is making it harder to get started?!?

[Account Closed]

Hello all,

I wanted to pose the question to you all.  Is Bigger Pockets actually making it harder for new investors to get started in real estate?

To be honest, lately, I've been having this thought.  Please allow me to explain.  As an avid Bigger Pockets follower for about 5 years now, I have had to privilege of watching the company grow and develop (can i empathize grow!) over these years.  There are now thousands and soon to be millions of real estate investors and "want to be's" part of Bigger Pockets which has contributed to the wealth of knowledge on here; something any real estate investor can cherish.  I've also realized though the market has only become tighter as well during this development of BP.  Is this because BP has made it so easy to become a real estate investor by providing answers to virtually everything a real estate investor could possibly need to know?  They also inspire many to become real estate investors.  

Recently, I've made offers on several properties only to be out bid by one of 10, 20, even 30 other offers.  It seems like everyone wants to be a real estate investor!  BP and it's wealth of knowledge have made it so easy to access this knowledge at the tip of our fingertips and the markets are showing this overabundance of investors and it sucks!

Look.. I love BP.  I get hours to enjoyment reading the forums, listening to podcasts, reading their books, etc.  At some point though I believe they need to charge to access to this wealth of knowledge.  Even if it was $10, $20 a month, I think it would help cool the market enough to help those who are passionate about being involved in real investing.  

Your thoughts?

Josh

[Jeff Rabinowitz]

There are always a lot of so called investors and real estate salespeople when markets are strong and rising. When the markets turn down (you do know they will turn down at some point, correct?) there will be much fewer investors and salespeople. Many of those new investors who have never seen a down market and who paid dearly for properties in markets they do not understand will become "don't wanters" who will provide excellent deals for those who know that markets are cyclical and how to adapt to them. It is much easier to make large profits in down markets than strong markets.