Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
First-Time Home Buyer
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 3 years ago on . Most recent reply

User Stats

43
Posts
7
Votes
Emmanuel Cano
7
Votes |
43
Posts

beginner in investing

Emmanuel Cano
Posted

hello everyone, I've been with my pro membership for about a month now, I've done nothing but analyze about 50 houses, I don't know what to do now, I don't have good credit or money to pull from to invest, I'm thinking of renting my house to maybe go and rent something cheaper and with that rent to be able to do something, I tried to download the rental applications from biggerpockets but it tells me that it is only for pro members and I am a pro member, I think I am about to give up, I just I sit on my computer and watch the good deals go by, if anyone has an idea of ​​what I can do, I'll be grateful, thanks.

  • Emmanuel Cano
  • Most Popular Reply

    User Stats

    2,650
    Posts
    3,028
    Votes
    Scott E.#1 Rehabbing & House Flipping Contributor
    • Contractor
    • Scottsdale, AZ
    3,028
    Votes |
    2,650
    Posts
    Scott E.#1 Rehabbing & House Flipping Contributor
    • Contractor
    • Scottsdale, AZ
    Replied

    1. Be patient. I spent around 2 years reading books, listening to podcasts, and participating in forums before I did my first deal. Looking back I'll admit that was excessive and I definitely reached analysis paralysis, but it got me VERY mentally prepared and to date, I have never lost money on a deal (knock-on-wood).

    2. If you're giving up after analyzing 50 houses, this might not be the business for you. I analyze 50-100 deals a month, I'm constantly writing offers, and probably only 1 in 20 offers get accepted.

    3. Build your credit, start saving aggressively, find ways to increase your income so that you can increase your savings, and continue to educate yourself on real estate investing along the way.

    Loading replies...