Newbie Allentown, PA
Hi everyone. I'm from Allentown, PA. I have been interested in real estate for a number of years. I am looking to learning boat loads form BP. Hopefully 1 day I can help others as well. I have flipped 1 property before. I took a loss. I didn't know what I was doing and did no research.
So here I am back at it again. My goal is to have rental units. That is my retirement goal. I currently have a home improvement business. So that knowledge with hopefully help this time around. Any advice from anyone is greatly appreciated.
Talk to you all soon.
Mike Cornell
Hi Michael,
Welcome. I am new to R.E investment and from Lehigh Valley too.
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Insurance Agent
- Linwood Forest Insurance Group
Welcome to Biggerpockets!
Another great place is to look around the blogs, forums and listen to the podcasts. If you see a post you enjoy check out the persons signature. Many of us including myself talk about our strategies, styles, niches and business model on our website. So definitely check that out as it is an amazing additional resource. For example, my blog is about while working full time, buy and hold investing, 0% Down Rentals, Personal Properties turned rentals, Long distancing investing, self-managing 3,000+ miles away. Definitely list your blog in your signature. Its a great additional networking source.
Look forward to seeing you around! Let me know if I can help!
#2 New Member Introductions Contributor
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- Rockland, MA
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#2 New Member Introductions Contributor
- Specialist
- Rockland, MA
Welcome. Fill in the foundation below.
Check out the Start Here page http://www.biggerpockets.com/starthere
Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.
Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice. And you get the benefit of having over 90 past ones to catch up on.
Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet wholesalers who provide deals and rehabbers.
Two Great reads, I bought both J. Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbook
Consider checking out HUD homes for small multi's owner occupied gets first crack.
You might consider Niche or Specialized Housing like student housing. Rents can be 2-4 times more. Remember you don't have to own a property to control it.
Download BP’s newest book here some good due diligence in Chapter 10. Real Estate Rewind Starting over
Good Luck
Paul
Welcome, Michael
I'm from NY, but have some interest in the Lehigh Valley area myself. Unlike you though, I havent had my foot in the game yet. I'm sure you learned an great amount from your first experience even though it didn't go as planned. Maybe when I visit we can connect some time.
Lenny
Hi Michael.
Welcome to BP. I am in the are as well. You should look into visiting the local REIA group to expand your education as well. I can provide some information to you for the one I attend if you would like.
Jon
@Jonathan Emery
Would you be able to supply with that info as well, i'd greatly appreciate it.
Lenny
Welcome to the community! Now get active. Ask questions, read blogs, join meetups, and I always suggest a podcast marathon. Good luck!
Hi Leonard,
I'm glad you are interested in the group. Just connect with me and I'll give you the information. Do you come in the area often?
Jon
I've never been to the area but knew a person who had some success in Allentown. Its roughly two and a half hours from where I live and affordable which intrigued me. I should be heading down in early November or so.
Lenny
Originally posted by @Jonathan Emery:
Hi Michael.
Welcome to BP. I am in the are as well. You should look into visiting the local REIA group to expand your education as well. I can provide some information to you for the one I attend if you would like.
Jon
Hey Jon, Thanks for the welcome. I would appreciate the info on your rei club. I only found 1 so far on meet up. But am beginning my research. Any knowledge you have is greatly appreciated