All Forum Posts by: Scott Fournier

I am new to the game of real estate investing and I wanted to know how should I approach shopping for a loan? I'm mostly indecisive on whether I should shop around for a loan myself by calling multiple banks or if I should have a mortgage broker shop for me to find the best rates and terms? Someone told me I should use a broker because they can do it for me but I'm not afraid to put the work in and call as many banks as I need to. Thank you.

Hi,

I'm Scott and I am new to the game of real estate. I've read multiple real estate-related books and have listened to the BiggerPockets Podcast many, many times. But no matter what I learn I can't get the answer to how should I pick a market to invest in. My current goal with investing is buy-and-hold long-term rentals and short-term rentals too. Instead of just looking at a map of the U.S. and throwing a dart at it I wanted to see if anyone has any methods to getting the ball rolling and picking a market they are confident will help their goals whether it be for rentals, flips, BRRRR, etc. I feel like I am overthinking it but I wanted to see others input. Thank you for your help.

I want to stay caught up on important news so I can keep track of what's happening in the market, know if any important FED changes have been passed, any political changes or laws are passed, etc. but I am unsure if there is an efficient method investors use to stay caught up. I don't mind reading news articles and listening to my local news channel if that's the only way to go about it. I also am wondering if most investors listen to all news platforms or if they have a specific one they get their information from? I want, as Robert Kiyosaki says, look at the two sides of the coin from the edge and not choose a biased news platform like CNN or Fox News. Thank you for the help.

Hi, I'm Scott and I'm a pizza delivery driver/cool in Pelham, NH but also live in Lowell, MA. I realized a year into college that real estate investing was a career I wanted and would give me the freedom I want in my life. I'm 22 and have been working three years non-stop to save up money, gain as much real estate knowledge as I can (especially podcasts when I deliver food), and accustom myself to talking to others and being more open (as I was very introverted when I first started learning real estate). I've saved up a little over $30,000 and am unsure what first step I should take towards real estate investing. My thoughts are jumbled between finding a market first or getting approved for a loan first? And as a pizza delivery driver (or CDO, Chief Driving Officer, as my boss likes to call me) who works for tips how would I go about qualifying for a loan to show I can pay it? I want to bite the bullet that will get me going but I just wanted to ask for advice before I go any further. Thank you.