All Forum Posts by: Daniel Trey

Both of your comments resonate.  I have some experience in commercial real estate and have read several books, gone to seminars, etc.  Real estate, to serve my purpose, is a business decision and should be considered that way - unemotionally, rationally.  It can be hard to start but your thoughts and suggestions are very helpful.

Thanks Sarah, awesome recommendations. I've checked out some of the local Austin REIA events and meetups with limited success. I'm sure there's a great community out here, just need to figure out how to connect with them better.

I'll check out your reading recs too!  Thanks for the advice and congrats on your success!

Thank you both for your responses!  Very helpful.  I'll start looking into your recommendations now.  

Hello, my name is Daniel and I've been working in the commercial real estate investment management industry for a while but am new to the residential side.  I, a newbie, am tired of the endless cycle of real estate seminars (that just try to sell you more real estate seminars).  On the flipside, I'm sure the experts are tired of hearing of beginners looking for help but not following through or staying committed.

My thought to overcome this dilemma is to start analyzing deals (using bigger pockets software or an excel template) and ask an experienced (hopefully local) investor to check the inputs and assumptions and explain how/why they would tweak the model.  I'm not quite in a position to invest yet, so there may be a an opportunity for the experienced investor to benefit from my underwriting.  Does this sound like a fair trade?

Thanks all for your time and happy 4th of July!!

Best,

Daniel