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The Ultimate Beginner's Guide to Real Estate Investing is Here

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Joshua Dorkin Verified Donor

BiggerPockets Founder from Denver, Colorado

Feb 19 '13, 03:00 PM


@Will Barnard - We definitely put some heart and soul into that thing. Thanks.

@Hugo Todd - Thanks so much. I hope you'll have plenty of success stories to share with all of us. Now that you're here on the forums, perhaps you can jump in and introduce yourself in the New Member Introductions? A profile pic would also help us better network and get to know you.

@Chris Cox - This thing was meant to be an online guide without the companion audio. I'm glad you found it to be a good read.

@Karen Margrave - We hoped to save the new folks the trouble of asking a million questions if we could simply get them set up via the guide. Thanks for the message!

@Jan Campbell - Thanks!



Medium_bp-squareJoshua Dorkin, BiggerPockets
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Brian Gibbons Verified

Wholesaler from Sherman Oaks, California

Feb 19 '13, 04:07 PM
1 vote


Terrific job, @Joshua Dorkin and @Brandon Turner!

I will get a huge value from this!

Thx again!



Medium_thinequitydealsBrian Gibbons, REISkills.com Mentoring
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Thom H.

Real Estate Investor from Central Virginia Area, Virginia

Feb 19 '13, 05:58 PM


Joshua,
Great read! Very nice work. I'm forwarding to my two twenty-ish year old daughters immediately. Both have expressed interest learning "Dad's side business", but like all twenty year olds, they sometimes struggle to grasp concepts when Dad explains it. This is a great introduction to some relatively complicated topics, that anyone can understand. Again, great job and thanks for the efforts you and others put into this document.



Terry P.

Contractor from Kansas

Feb 19 '13, 06:00 PM


I would inject that since the target audience is “beginning investors” that it would be hard for seasoned pro’s to give a true assessment, unless the ones that have are actually beginners? ;)

I have a day job and have been on BP a short while and am a true beginner. Since I have been on the site I conducted heavy research and participated on the subject of asset protection. Unlike some, I considered my current job an asset and it’s future against judgements, so it is important for me to get this right from the get go especially in the sue happy society we live in. After reading a lot of post on the subject of LLC’s, family trust, learning of land trust from someone at work, I still don’t have the answer and see others confussed. I’m also not one to dive right in, gain more assets then figure it out like some recommend.

I read too many horror stories, and as a matter of fact right before this release read and posted on Marty Boardman’s thread, “Never offer a distressed seller this” legal disaster!…On that thread others that had been involved in frivolous law suits only to have to dish out a lot of cash to either protect themselves personally or their company.

I have only read the table contents thus far, and most of chapter one. I am reading all the links and interesting so far. I looked for a legal section in the table of contents, maybe there will be more later. But imho that is base #1 and everything falls into place from there.

I know there are a lot of variables from state-to-state, but LLC’s, trust, etc have been discussed at length on this site and will continue to be. There are some similarities, state websites, public free legal advice, I have found on the site and posted to such. Might be a good topic should there be a follow on release.

When I first started I really struggled with acronyms people were posting so I started a list some of which I had to goggle to get the most out of reading the site…some I am still trying to figure out. I’d suggest to the pros to spell it out better for the beginners or if you use one define it once in a while.

I’ll let you know more as I find the time to read through this more….thanks for it I am sure I will learn more….your right such high volume of info out here makes it hard to put it into perspective.

Great site!

Thanks,

Terry


Edited Feb 19 2013, 18:07 by Terry P.


Michael Galloway

Real Estate Investor from Brentwood, California

Feb 19 '13, 08:09 PM


Nice work Gentlemen. Very well planned out. Very thoughtful with the links for more insight.



Joe Delia

Residential Real Estate Agent from Rochester Hills, Michigan

Feb 19 '13, 08:16 PM


Lights out



Michael Quarles Video Donor

Real Estate Investor from Bakersfield, California

Feb 19 '13, 08:30 PM


I read the marketing section and found it sound advice. Anyone looking to promote or buy houses should read this guide and then read it again. Then follow the advice.

I really enjoyed the ease yet complex "what to do"



Medium_new_logo_bMichael Quarles, Yellow Letters
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Brandon Turner Verified Video

Real Estate Investor from Montesano, Washington

Feb 19 '13, 08:44 PM


Thank you guys! It's great to see this is getting a lot of traction. Thank you to everyone who has shared this!



Medium_bp-squareBrandon Turner, BiggerPockets
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Jason Burton

Multi-family Investor from Utah

Feb 19 '13, 08:55 PM


I'm a new investor with very little time on this site and I must say that this is an outstanding read. It answered a lot of my questions I clarified several things. The "real world examples" were great! Thanks for all the hard work that was put into this.



Sunny Singh

California

Feb 19 '13, 08:57 PM


wonderful post. It could have been even more great to put it in a word or pdf file.



Chris Ross

Real Estate Investor from Montclair, California

Feb 19 '13, 09:05 PM


Great job Josh..this is really good information.



Joshua Dorkin Verified Donor

BiggerPockets Founder from Denver, Colorado

Feb 19 '13, 09:18 PM


Hey All -- It is getting tougher to respond to everyone, but thanks for checking it out.

@Brian Gibbons - Thanks. Glad you approve.

@Thom H. - I'm glad you found it worthy of sharing with the kids. I hope they find it as valuable as you do. Thank you so much for the feedback.

@Terry P. - Let us know your thoughts when you get through it. We don't have a legal section, because we're not trying to offer legal advice. The guide is meant to be a 9,000 foot overview to get people up and running. If readers want legal advice, they'll need to talk to an attorney.

@Michael Galloway - We put a lot of time into the planning -- not just the writing. Just as we tell people in the guide, planning for success is one of the important steps to making it happen.

@Joe Delia - Is that "light's out" good? I hope so!

@Michael Quarles - I'm glad you approve of the marketing section. I suppose we couldn't ask for a better testimonial for that part of the guide. Thanks.

@Jason Burton - Thanks for checking out the guide and for the feedback. I hope you'll be spending more time with us now that you know what we're all about. Jump in and get involved . . . you'll find it a great use of your time and energy.

Sunny Singh - Thank you. We didn't want to put the guide in any other format for starters. We think that the experience of going through the guide is part of what makes it great. I don't think you get the same impact from a PDF. We have considered putting one together, though, but haven't committed to it yet. Otherwise, I wanted to @Mention you, but there are several members on the site with the same name as you. I couldn't pick you out from the others because you don't have a profile pic . . . that's one of the reasons we tell everyone to set one up -- so we can more easily find you as you engage here. I hope you'll get yours loaded!

@Chris Ross - Thanks. I'm glad you like it.



Medium_bp-squareJoshua Dorkin, BiggerPockets
E-Mail: [email protected]
Telephone: 877-831-4704
Website: http://www.biggerpockets.com
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Joe Delia

Residential Real Estate Agent from Rochester Hills, Michigan

Feb 20 '13, 06:42 AM


Maybe "Lights out" is a michigan term?

Yes. Great work!

Originally posted by Joshua Dorkin:
Hey All -- It is getting tougher to respond to everyone, but thanks for checking it out.

Brian Gibbons - Thanks. Glad you approve.

Thom H. - I'm glad you found it worthy of sharing with the kids. I hope they find it as valuable as you do. Thank you so much for the feedback.

Terry P. - Let us know your thoughts when you get through it. We don't have a legal section, because we're not trying to offer legal advice. The guide is meant to be a 9,000 foot overview to get people up and running. If readers want legal advice, they'll need to talk to an attorney.

Michael Galloway - We put a lot of time into the planning -- not just the writing. Just as we tell people in the guide, planning for success is one of the important steps to making it happen.

Joe Delia - Is that "light's out" good? I hope so!

Michael Quarles - I'm glad you approve of the marketing section. I suppose we couldn't ask for a better testimonial for that part of the guide. Thanks.

Jason Burton - Thanks for checking out the guide and for the feedback. I hope you'll be spending more time with us now that you know what we're all about. Jump in and get involved . . . you'll find it a great use of your time and energy.

Sunny Singh - Thank you. We didn't want to put the guide in any other format for starters. We think that the experience of going through the guide is part of what makes it great. I don't think you get the same impact from a PDF. We have considered putting one together, though, but haven't committed to it yet. Otherwise, I wanted to @Mention you, but there are several members on the site with the same name as you. I couldn't pick you out from the others because you don't have a profile pic . . . that's one of the reasons we tell everyone to set one up -- so we can more easily find you as you engage here. I hope you'll get yours loaded!

Chris Ross - Thanks. I'm glad you like it.



Joshua Dorkin Verified Donor

BiggerPockets Founder from Denver, Colorado

Feb 20 '13, 06:45 AM


Ahhhh . . . got ya, Joe. Thanks!



Medium_bp-squareJoshua Dorkin, BiggerPockets
E-Mail: [email protected]
Telephone: 877-831-4704
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Cheryl H.

Real Estate Investor from Northeast, Ohio

Feb 20 '13, 08:17 AM


I am only into the 2nd chapter, but I'm loving the info. I second the suggestions to make it available as a pdf file. This is really great! Thank you so much for the time, effort, and kindness involved in putting it together!!



Joshua Dorkin Verified Donor

BiggerPockets Founder from Denver, Colorado

Feb 20 '13, 11:11 AM


@Christila Milner - Thank you so much for the feedback!

@Cheryl H. - Thanks for the suggestion and I'm glad to hear that you're loving the guide. Get through all 8 chapters and you'll be well on your way!



Medium_bp-squareJoshua Dorkin, BiggerPockets
E-Mail: [email protected]
Telephone: 877-831-4704
Website: http://www.biggerpockets.com
Get your logo in your signature too! Upgrade to PRO Today at http://www.biggerpockets.com/pro


Gary Parker

Real Estate Investor from Salt Lake City, Utah

Feb 20 '13, 01:54 PM


I am very excited to read it and have blocked out 3 hours tomorrow night! Well OK I have to take my son 40 miles away and wait 3 hours as I do once a month, but at least my reading selection is done. Very excited to read this.



Medium_gary-logo__2_Gary Parker, GaryBuysHouses
E-Mail: [email protected]
Telephone: 801-635-4756
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Joshua Dorkin Verified Donor

BiggerPockets Founder from Denver, Colorado

Feb 20 '13, 02:06 PM


Let us know your thoughts when you get through it, @Gary Parker. Do be sure to share it when you're done -- I'm confident you'll find it to be well worth the share.



Medium_bp-squareJoshua Dorkin, BiggerPockets
E-Mail: [email protected]
Telephone: 877-831-4704
Website: http://www.biggerpockets.com
Get your logo in your signature too! Upgrade to PRO Today at http://www.biggerpockets.com/pro


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