Investor · Boise, ID · Member since 2011 · 1k+ posts · 736 votes
14y
I've never found a more comprehensive website for learning the land lording and buy and hold investing business than BP. It is invaluable. If you are serious about learning, the 2013 BP Summit is a must as well. I am so thankful for this resource!
Specialist · San Dimas, CA · Member since 2011 · 350 posts · 122 votes
14y
I would say BP has a TON of great info on the logistics of landlording.
However, if you want a few book recommendations:
* buy a books specific to your state's housing regulations
*If you haven't already pick up all of Frank Gallinelli's books
*Buy Gary Eldred's book "real estate investing"
* I would also spend a little time on Amazon and just follow the rabbit hole.
I would encourage you to spend a $100-130 on used books. Read them all find out the common themes and write down your specific questions. Then ask those questions is a forum post. At some point you may consider obtaining a coach or mentor, but for now, spending time on BP, reading used books, going to your local REIA and taking a few investors out to lunch should get you started.
Real Estate Investor · Audubon, PA · Member since 2009 · 13k+ posts · 8k+ votes
14y
No need to spend money on books if you get a library card! Those public libraries are free for your use, and you can borrow books that seem to be related to what you wish to learn. If the books you borrow aren't adequate, you didn't waste money on killing more trees.
Rental Property Investor · Northern, CA · Member since 2012 · 5k+ posts · 5k+ votes
14y
I don't know why, but this post was so funny to me. It's kinda like walking into a Starbucks and asking "Can you direct me to where I can get some coffee?"
Investor · Sarasota, FL · Member since 2008 · 17k+ posts · 17k+ votes
14y
First, I'm not going to disagree that 123Flip.com is an awesome site, but remember that that site is just one random guy...on the other hand, BiggerPockets has the experience of thousands of landlords, both successful and unsuccessful, so you can learn from both successes and mistakes.
Trust me, start reading through the forums here and you won't be disappointed...
Homeowner · Burleson, TX · Member since 2008 · 756 posts · 376 votes
14y
Originally posted by Noah Melvin:
Looking for something like 123Flip.com but for renting and not rehabbing.
More organized and less time consuming that searching through a bunch of articles & forum posts.
But yes im sure BiggerPockets has a wealth of info as well. I will check that out as well.
Thanks
The time consuming part just may keep you out of trouble. You have so many different points of view here about how to handle rentals. It's not black and white. What works great in my market may not work in another market.
I agree, this forum has the knowledge you need. Might also check out the member blogs. Wealth of information.
Investor · Columbus , OH · Member since 2010 · 311 posts · 51 votes
14y
Hi Noah,
like others have said, biggerpockets has tons of information that can direct you in the right direct of becoming a great landlord. I use the the tenant screening tools for screen my tenants as well.
Tracey
Investor · in, MI · Member since 2013 · 226 posts · 102 votes
13y
As per the topic of Landlording (running your rentals) I'd suggest Landlording by Leigh Robinson. In terms of acquiring properties there is no trick, find properties that cash flow properly and buy them.
After all, life is 80% psychology and 20% mechanics...
(no matter how much you read you'll never "feel ready")