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All Forum Posts by: Austin Kendell

Austin Kendell has started 1 posts and replied 2 times.

@David Bardwell Thank you for the tips! So did you just look for properties and run your numbers for a while until you felt like you were familiar with the areas market value, rents, NOI, etc? And then once you were comfortable with running and analyzing deals you decided to bring money to the table and make offers? I thought about doing that too, but don’t want to be misunderstood by the real estate community as someone who was just going to look and never make an offer.

Hey Bigger Pockets Community! 

I am a new member of the Bigger Pockets Website. I have been listening to the podcast for the last 4 months or so. I have absorbed a lot of information from listening to the podcast, but I know that learning in the field is the best way to learn. I am currently trying to save up money so that my wife and I can start investing ourselves. I am mostly interested in creating a portfolio of buy and hold properties that will create positive cash flow and that will appraise in value over the next 10-15 years. I also am interested in Flipping, but I know that flipping is a lot more complicated.

I live in the Northern Utah Area, in South Ogden to be exact. I have learned a lot from listening to the podcasts about the concepts, strategies, and the numbers. What I lack is understanding the market, and knowing how to proper analyze deals. I know and have heard in the podcasts that you never really learn the industry until you start going after deals and making offers. However, I still feel like I am not quite ready to do a deal on my own. I don't want to get myself into a pickle. I am looking for some pointers, tips, and ideas on what I should do before I get myself into a situation where I am in over my head.

Anyone that can impart some knowledge or that knows where I may be able to turn to in my area would be much appreciated! 

Thank you!