Newbie here from Madison WI

4 Replies

I am from Madison WI and just received my MBA degree along with the big price tag that came along with it. I have been interested in starting my own real estate business for some years and feel that this is the right time to get it going. I have joined my local Real Estate Investors Association in Madison and should be going to my first meeting in about two or three weeks.

I do currently own a property in a different city that we have been renting out for the past 2 years. It was our private residence that we converted into an investment property so that we could move to Madison for a new job opportunity. I do have some experience with property investments, but my current property is income is only covering the mortgage that we are paying. So it is not much of an investment.

I am hoping to connect with others in my area that have the same interest with the goal of learning the ins and outs of starting and running our real estate investing business. My wife and I talk about leaving our children a legacy which they can take and build on.

I look forward to getting involved in the discussions and working with you all in the future as we grow in the real estate industry.

Doug -

Welcome to biggerpockets

Good luck with your investments

@Douglas Quinn

Welcome. Take a good look at student housing see below. 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 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.

Two Great reads, I bought both J. Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbook

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

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

Lock We hate spam just as much as you

Create Lasting Wealth Through Real Estate

Join the millions of people achieving financial freedom through the power of real estate investing

Start here