Homeowner · Washington, DC · Member since 2014 · 30 posts · 3 votes
Hello Everyone!!
First let me say that I am excited about joining bigger pockets community and getting into real estate investing.
I look forward to gaining insight and learning from everyone that is willing to help!
So my first question is where should a newbie like me begin?? I see a lot of people have said go to my local REIA. I live in Washington DC and have researched a couple..
@Whitney Moore Welcome to BP! If you haven't already, I would suggest reading the BP Beginner Guide. It provides a lot of insight for beginner investors. I also recently joined BP but I haven't had a chance to go to a local REIA yet but that is definitely on my list of to-dos. This web site has been a great resource for networking and allowed me to look into out of state investing without too much stress.
Whitney, Greetings from the other Washington! Listen to the podcasts, read real estate books, post questions on the forums, look for Bigger pockets meet-ups, invite local investors to a meal to hear their stories and advice. Best of luck!
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 70 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. There is a large active club in DC.
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
@Paul Timmins Funny you say that because I was thinking of doing student housing in Greensboro NC where I went to school but I was not sure if the commute to DC to NC would make sense for a new investor like myself.