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.
Marketing Your Property
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 almost 4 years ago on .

User Stats

3
Posts
1
Votes

Young real estate investor seeking advice

Posted

Hafa Adai!

Hello all, I am young hungry entrepreneur looking to get my feet wet in the real estate. I recently discovered Biggerpockets not too long ago and I am trying make my family's home (my future home) into the best investment possible. I currently reside in Las Vegas, but I am from Guam and my families home in Guam is currently being renovated so we can rent it out. The home should be done in about a month, we are planning on taking the equity to pay off some debt and hopefully get into another property if all goes well and the numbers work. I am looking for a potential property manager in Guam as we have had horrible tenants and property managers in the past and it ultimately cost us more than they helped us. Does anyone have any information on what the current housing market in Guam or any possible information on how I should go about this whole process? My parents like many were vicitims to the 08 housing crash and wanted many rental properties to retire from but did not go about it correctly. I am trying to learn from their mistakes and make sure this property is treated with the correct TLC for it to operate smoothly and ultimately be an asset than it is a liability,  anyways does anyone have any suggestions or advice for a 22 year old just starting real estate investing or someone who is in my position?

Anything helps thank you!