All Forum Posts by: Alex Neu
Alex Neu has started 1 posts and replied 6 times.
Thankyou!
Quote from @Andrew Bosco:
Browse bigger pockets, listen to the BP podcasts episodes 1-300 or so, read rich dad/poor dad and attend meet-ups!
Thankyou for the advice I really appreciate it!
Quote from @Julio Gonzalez:
Hi Alex, glad to have you as a part of this awesome community!
Hi Julio, thankyou for the warm welcome.
Quote from @Benjamin Aaker:
Welcome to BP! Look for local real estate groups and go to a meetup.
Thank you for the advice I will definitely look for a a local group.
Quote from @Cory J Thornton:
- If you have not read Rich Dad Poor Dad and Millionaire Real Estate Investor, then get them and read them. I have read or listened to both multiple times and they help lay a great foundation.
- Electricians are in crazy high demand and you are a young guy ... take all the OT you can and stack up cash in savings. Set yourself up to take action by having down payments saved and at the ready.
- Pick a market, and become an expert in that market. Learn what a good price is and a bad price is in each neighborhood. The old adage is true, you usually make money the day you buy the property.
- Is there a certification you can easily get to increase your earning potential within your trade or a role you could work towards to earn more for your time?
- At 21 most folks are still concerned about hanging out with their friends as much as they can. Find some local real estate networking groups, and start hanging out in rooms full of people interested in and discussing real estate. Get into rooms full of these people as often as you can.
- Create a budget that helps you live as far below your means as possible, then stick to your budget and build your savings.
Alex I wish you all the best in your learning and investing journey. Keep us posted on your success!
@Cory J Thornton
Thank you for replying, I really appreciate your guidance.
Hey everyone, my name is Alex Neu. Im a 21 year old Electrician from Buffalo NY aspiring to become a real estate investor. Im new to the game and want to learn as much as possible before I look for my first investment. If you have any advice or knowledge you would like to share please reply to this post!