All Forum Posts by: Nusrat M.

@Nusrat M. Glad to hear that you're getting involved in real estate investing! My biggest advice would be for you to take as much time as you need and talk to as many people as possible. This website has some great contacts for all different markets. Wish you the best of luck and if you need anything from me please let me know. 

Hi Nusrat, welcome to BiggerPockets! This is a great place to learn and further investigate investing in real estate.

-Julio

Welcome to the world of real estate investing! One of the best things you can do right now is educate yourself. And you've joined one of the best communities for all things real estate investing.

1️⃣ Download this ultimate beginner’s guide: https://assets2.biggerpockets.com/uploads/user_file/file_object/1694/UBG_2018.pdf

2️⃣ Read BP beginner books on investing: https://store.biggerpockets.co...

Also, read Rich Dad, Poor Dad by Robert Kiyosaki and Think and Grow Rich by Napoleon Hill

3️⃣ Subscribe to BP podcasts or YouTube channel and watch their webinars.

4️⃣ Ask questions here on the forums.

5️⃣ Visit (join) a local (and legit) real estate investment association.

6️⃣ Consider joining a BP bootcamp: https://www.biggerpockets.com/blog/real-estate-investing-bootcamps

I wish you all the best in your investing journey!

 You'll get there! Don't be intimidated - we were ALL new once. :) I started with a more "simple" (mostly) cosmetic fix on my first one and did almost all the work myself. Since I have scaled to bigger projects and sub out all the work. You got this!

Hey there!

Welcome to the exciting world of real estate investment! It's awesome to see your enthusiasm and hunger to learn. Transitioning from fashion photography to real estate might seem like a big leap, but with the right mindset and team, you're on the right track.

Networking and attending meetups are fantastic ways to build that crucial team and absorb as much knowledge as possible. In Virginia and Pennsylvania, there are often great events happening—check out local real estate investment groups or online platforms like Meetup.com to find gatherings in your area.

About overcoming the fear of your first flip, it's completely natural to feel that way. One valuable tip is to start by networking! I would love to connect and talk more.

Congrats on getting ready to take the leap into RE investing! I also do fix and flips and my advice is GO FOR IT!! You will learn by doing and IMO there is no better way. Embrace that you will have ups and downs and success is never guaranteed, but you can hedge your bets by doing thorough market research on sales data, appraisals, costs of repairs, materials, etc. I always draft conservative plans so that there is plenty of room for error and market changes. 

I do recommend partnering with an experienced flipper to help mentor you and/or a seasoned investor friendly agent who knows how to run the numbers to help guide you on your first deal so you make a smart purchase. 

My other tip to you is a "cheap" house does not always equal a great flip opportunity. There are many other factors involved besides initial purchase price that will determine if the home can be a profitable flip. 

Hope that helps and best of luck to you!