Just starting out

3 Replies

Hi every one.
Thank you for letting me join the site about 5 minutes ago. I've wanted to flip houses for 10 years now. My mother has been in Realestate for as long as I can remember, so as a kid I would go to all her meetings and sit in at open houses. I built my business around helping people sell there homes and get the market ready. My biggest problem I am having is;
1. Finding the capital to start flipping
2. Finding the deals, obviously we all have that problem
3. All the legalities that go along with flipping houses
4. Do I need to incorporate to flip?

I live on Cape Cod in Massachusetts

welcome @Daniel Cash  
you found the best site 
read,ask questions,listen to the podcasts and take action 
good luck

Hi Daniel, welcome to BP.

This is a great place to learn. Make sure to listen to all the BP podcasts, read the articles on the main blog and be active in these forums to learn a ton very quickly about any topic in real estate you want to know more about.

This is also a great place to meet people that can be assets to your business. Lots of great connections all over but we also have a very strong and active contingent here in MA on here so make sure to find them (Set up some keyword alerts to find out about local topics) and get connected.

Besides doing that on here make sure to get out to some of the many local investor events we have. There is the South Shore REIA on the Cape and another REI meetup in Plymouth. If you venture a bit more North there is the Eastern Mass REIA with meetings in Rockland and Taunton. Many other options as you get closer to Boston and North of the city.

@Daniel Cash  

Welcome. 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 100 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 (cash buyers). Perhaps you can partner with others for what you need. Shaun gave you some good nearby meetings.

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

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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