All Forum Posts by: Cynthia Molina

Thanks for the advice everyone I appreciate it! I have just started listening to podcasts and it makes me want to start even more. I just wouldn't want to dive in without being educated.

@Nicole Heasley I would love to get my hands on a multifamily home or a duplex. I feel like if I can find my first good deal, it will open the door for another and so on. This year specifically, I wanted to begin my journey but it seems like a certain personal situation will hold me back a bit. I'm trying to look on the bright side and tell myself that at least I'll keep saving. Right now I have 20k saved and hopefully it's going to keep growing. I have heard podcasts where people don't even have to touch their money and I'm interested in that but if it's neccessary to put my own money in then I would like to be prepared for that as well. I have blindly bought vacant properties in the past but since I didn't do proper research I ended up over paying their worth and losing money. I want to invest into homes that I can rent and receive money from over time. 

I've been away from bigger pockets and actually from several other things due to personal reasons but I am back and I am determined. I really want to invest in real estate this year. I'm tired of just waiting for the "right time" , "right moment", etc. How much money do I really need to start? How can I find someone who is willing to guide me without trying to take all my money? Where can I find good deals? I have an idea of the kind of properties I would like to buy but at the end of the day I guess I am somewhat scared to take a leap and fail. HELP!! I appreciate any feedback.

@andybauman it was a building that I purchased at an auction. It was a very amateur mistake of mine i guess. And yes i have looked into REIA in my area, I have plans of attending soon. Are you a part of it? Do you think I could find someone willing to mentor me? Obviously I know that it won't be free but I attended a seminar where they provided mentorship for 6 months at 30k. I think it's pretty outrageous.

Hello everybody, like my title states, I am a newbie when it comes to real estate. I have invested into a few raw land properties and sold them. It took a bit of patience but thankfully they worked out. It's not my interest of choice, I did it thinking I'd get "quick cash" and for the most part I did but I ran into a couple of issues. Anyway, I would like to get into rental properties but my question to anyone who is kind enough to tell me is, where did you begin? It's simple to say "do research" but how exactly does one start? For example, I bought a property really cheap and later I found out, it had taxes owed. Before I knew it, I ended up paying triple in debt I never even created. So my question is, how can a person do research the "right" way in order to avoid an incident like mine? I'm taking baby steps so please take it easy on me 🙂