I am new to the game of REI. I was blessed to get some great education from a friend who flew to PHX for a week and spent time teaching me. Now I am looking for a local mentor who I can help make money while learning the ropes myself. MY wife and I are also wanting to add flipping to our dealings besides wholesaling and possibly buying and holding. Looking for advice or local East Valley investors who might give direction or even be a possible partner/mentor. We have owned and operated small businesses and we planted a church in Seattle Washington so we know how to work. Love the feedback!
welcome to BP! Read as much on here as possible, interact with others on this forum, and join your local REIAs. I am sure a Mentor will surface, probably when you are not actively looking for one :)
Something worth reading:
Congrats on planting Kingdom Business!
Welcome to BP!
You have a lot of friends at BP you haven't even met yet. Educate yourself through this site. I've learned a lot via the podcast, blogs, forums, etc. which I feel is a must if you're a newbie like myself. I'm finding out that there are many parts with REI
One thing I would recommend is feel free to ask questions and post it on forum. Many a times we are hesitant to post a question, but surprisingly you will find there are lot of ways to answer the question and its always to get to have multiple perspectives.
Also would recommend reading How do I find a Mentor?
Welcome. Time to build 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.
Two Great reads, I bought both J. Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbook
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 all the cash buyers (rehabbers) you will need.
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
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