I can't tell you how many newbies who know nothing go out to sell themselves as experts who can guide others.

So if I, as a buyer (full disclosure, major newbie here!)

Newbies always want someone to cover their mistakes when things don't go as planned.What have you done to solve YOUR problem?

I don't know if I would trust me on this as a newbie.  

Quote from @Femi Alakija: As a newbie, I plan to gain a deep understanding of real estate fundamentals, including financing, property evaluation, and market trends. 

Experienced investors and newbies alike stand to benefit.Will meet once per month to start. 

Nearly most of the newbies, close to the 90 percentile took bad deals and either had it foreclosed on or lost tens of thousands of dollars.

MF with many garages to convert to ADUs, parcel splits, full on development, coop/tic with the resources to handle financing challenges, etc.To raise money in this market as a newby will also be challenging unless you can get it from friends and family.

If you’re referring to the “newbies” with $10k to their name that watch a video by Pace and get excited and pay for joining, go out with their last $5k and do a sub to with a “desperate” homeowner without revealing all the possible consequences (because they are unaware of the consequences through lack of experience and lack of knowledge and or choose not to inform the seller) then I agree, it’s probably going to turn out badly for all concerned.If on the other hand you’re referring to a seasoned investor with excellent credit, significant cash reserves, who wants to add a property to their portfolio without going through loan qualifying, and can pay enough to give the seller “walking away” money because of the low existing interest rates and or, and is dealing with a informed seller, then I find nothing wrong or negative about the transaction.  

I am starting out newbie, have young kids, have been a homemaker, but now want to do more for the family financially while also being available for my family.