Hey everyone I'm 22 years old from Massachusetts. I want to become a real estate investor but I need some guidance. I am new to this website but would like to gain advice for flipping and buying& holding houses. This is only the beginning to help build my wealth.
Get The Book on Flipping Houses @Jay Scott
Also download the podcast if you haven't already (and leave a review on iTunes)
Welcome to Bigger Pockets!
Read books, watch things via YouTube, go look at houses, learn about and pick your target area(s). Spend some time preparing yourself for this. If you like sports - teams practice practice practice, they practice more than they play by far. Same goes here. And that's how you get it done man!
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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.
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
Like the rest said you can't go wrong with J Scott's books and his website has good resources too.
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