Quote:
Originally Posted by Pun Intended
Bigger Pockets is also very good, although I'd stick with the more educational stuff and stay away from the 'hot takes' about specific markets, etc. At least while you're starting. Don't get sucked into an idea until you figure out what your goal is.
As someone who has written four of the BiggerPockets investing books, and is integrally involved in the business and community, I completely agree.
The great thing about BP is that it is VERY anti-guru, which means that there's a lot less risk of getting scammed or taken advantage of by anyone in that community. But, the risk is always there, and anyone who is trying to sell you something or telling you about a specific market or a specific strategy or a specific investment should be considered a red (or at least a yellow) flag.
I would recommend using BiggerPockets in the following way (all completely free):
1. If you're brand new to real estate, start with the Ultimate Beginners Guide:
https://www.biggerpockets.com/guides...e/introduction
2. From there, hopefully you have an idea of what type of investing is right for your, and you can start reading the forums and blog posts related to that/those topics.
3. Check out the BiggerPockets Real Estate Podcast -- it's been around for 7 years, has had over 80M downloads, and is by-far the best real estate podcast on the planet.
4. Brandon Turner has free webinars pretty much each week. These are great, especially if you're interested in buy-and-hold. If you're interested in other topics, there are older webinars that are information-packed from other people (I've done a number of the flipping and systems/processes webinars). These webinars will try to upsell to a BP Pro Membership, but even if you don't want to upgrade, the webinars are a wealth of info.
5. Check out the BP calculators. Whether you want to do flipping, buy-and-hold, wholesaling, etc., there are some great calculators to help you start running deals. And I have posted a number of free flipping, buy-and-hold and multi-family spreadsheets over the years that you should be able to dig up.
If you want to spend a few bucks (not necessary, but up to you), BiggerPockets has, in my opinion, the best books on most investing topics. They don't sell anything else, so you don't have to worry about sales pitches.
That said, I started in 2008 without any coaching, mentoring, courses, books or anything. I've done nearly 1000 deals since then, including 400+ flips and own hundreds of units (both single family and syndication). If someone tells you that you need to spend money to learn real estate investing, they are lying to you.
And this is the biggest reason I got involved with BiggerPocket a dozen years ago -- no sales pitches, no gurus, and purely education focused.