All Forum Posts by: Andy Anderson

@Andy Anderson 3rd: Get creative. 

The market we're all experiencing now lost it's mind. When you're ready to buy a property look in places outside of the norm. Be confident in what you're buying (market research) and stick to your numbers. 

4th: Listen to experienced investors. 

Your Mom, Dad, and friends who never bought rentals, flipped property, or did anything in this industry shouldn't be giving you advice. You won't learn much from them unless they did or actively invest in your market. Evansville, IN is not Los Angles, CA. The numbers, rental rates, and strategies are different. 

5th: Networking is fun. 

If you're like me and didn't come from money building relationships is everything. Every ounce of success I've had in my short amount of time with REI came from networking and relationships. It's difficult to be successful without professional help or offering value to other investors, sellers, or partners. You don't have to buy something to add value.

Welcome to BP Andy! I’m a newbie myself, and what it came down to for me was learning to analyze a deal, set my deal criteria, pick a niche, learn as much as I can, dive in. Activity in the forums gets you noticed and opens the door to relationships. Don’t overthink it. You got this!