Originally posted by @Seth Huish:
@Tyler Roicki
thanks for the tip, looking around BP has been really helpful. there's a group of four of us who want to get started on some re investing. we have big goals, but realize we don't always know what we don't know ... ya know? we're professionals who want to follow the "rich dad" in kiyosaki's book and build generational wealth. we're just now trying to build our team and decide what sort of investment best suits us. we've talked to some successful local investors and realize it helps to hit a home run on our first deal. we have a loose game plan of using my growing business and look commercial, but I also managed a small apartment complex and some other housing for 5 years back as a student with my wife. I have family who does interior design & has worked with many different contractors ... I'm rambling a bit now. I am excited for the right deal to make sense.
Thanks again for your tip. What kind of R.E. do you do?
Definitely! And ultimately, experience is the gold standard with this. It's something we all have the opportunity to build upon over time.
Consulting is what my business consists of. I am a residential real estate consultant, primarily centered around luxury listings and investment acquisitions, whether single-family or multi-family. I am currently working with a handful of investors, both local and out-of-state. One has me venturing into the commercial end, as residential only goes up to so many units so that's an area I will be more involved in in the time ahead.
Turning over to the investor perspective, it sounds like we more-or-less have similar investment goals based on the philosophy that you described. Rich Dad, Poor Dad was one of the fundamental elements that sparked my start in real estate as well. Seems to be the theme on here, based on all of the BP podcast interviews.