Hello all,
My name is Graeme and I'm an aspiring investor in the Tucson, AZ area. I'm 20 years old having been heavily involved in marketing digital goods since I was 13. My passion for marketing developed when I recognized that you can leverage creativity to achieve (just about) any financial goal so long as you are sufficiently motivated. After having purposefully and steadily accumulated a liquid net worth of $500,000 which I'm looking to invest in more tangible and safe assets. I understand that cashflow is difficult in the given market, but have high hopes I can leverage my unique approach honed from my digital marketing background to find off-market deals. I love the aspect of real-estate that potential is everywhere, you just need to be conditioned and have a nuanced enough approach to be able to see it.
One of my many goals with real-estate is over the coming years to develop both active and semi-passive projects that provide me with income I can use to fund my basic expenses. I currently live with family at home, and while all of my earned net worth has been obtained through means not regarding them, am lucky enough to be able to factor out most basic expenses. My ideal investment properties as it stands would be rentals managed by me. I'd selectively pick and only purchase houses that would consequently seem to guarantee me money on the sales, but which would also be viable rental opportunities while I let the asset appreciate and hopefully counterbalance inflation.
Some questions I have are how I should go about making connections and what due diligence would look like in terms of investing. As it stands, I'm a month out from getting my real-estate license and (potentially) working under a brokerage firm to get a feel for my local market alongside market psychology within real-estate (i.e. be directly involved in the sales and try to develop an intuition for what homebuyers or renters in particular look for). I'd love to start developing more connections within my area and meet other investors however haven't seen much activity. If anyone has recommendations as to what I do, resources such as calculators/valuation websites, or how I could alter my current plan, that'd be greatly appreciated.
