All Forum Posts by: Michel Albert

This is great, Scott.  I am new to this as well and you have some of the same questions that I do.  Following...

Hi everyone!

I am new to Bigger Pockets, new to real estate, and looking to diversify my investment portfolio.  I am interested in the process, because if I can refine that, I feel like it would be rinse and repeat when the right deal presents itself.  

My goal isn't to generate a large cash flow (although it would be nice).  My goal is to find a property that will generate some cash, but appreciate over the long term in a nice, up and coming area with economic growth, low crime, and close to amenities, restaurants, etc.  

1.) What is the process to find this property for those of you who have done it?

2.) Once you've found your target(s), how are you analyzing them knowing that your goal is to have it appreciate in value and create a little nest egg in 20 years when it's doubled in value and can be sold to pay your child's college tuition.  😂

Not looking for a magic formula, just to better understand the process of hunting, finding, analyzing, and making the offer.

I appreciate any advise for the newbie.  Thank you all in advance!

-Mike