Newbie To Investing in DFW TX

5 Replies

Hi, my name is Josh Carr and I live out of the Dallas/Fort Worth TX area. I am currently an event bartender and previously worked in the auto finance industry. I am new to real estate investing and am looking to start getting myself into wholesaling first to make some immediate cash, then I want to move to fix and flips, rentals and then commercial. I am determined to do this, I have no other options and since getting into real estate has been my dream, its time to fulfill that dream. I am in need of any and all advice I can get as a newbie. I need a good mentor who is willing to show me the ropes in the industry. Thank you all in advance!

Welcome to BP community @Joshua Carr , you came to the right place to learn all about real estate investing! Here are a few recommendations for you:

Find and connect with other BP members that are in your area http://www.biggerpockets.com/meet

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Read Beginner’s Guide http://www.biggerpockets.com/real-estate-investing and check out BP Podcast.

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Wishing you the best!

@Joshua Carr

Welcome. Fill in the foundation below and build the legacy.

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 60 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 Costshttp://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

http://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-book

Good Luck

Paul

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