New in Real Estate Investing

6 Replies

I'm new in real estate investing and seeking any information to assist me in this process. I'm very interested multifamily rentals. Any advice would be greatly appreciated; I’m retired so if there is anyone in or near the Taylor, TX area I’m available to for hands on training.

welcome to the site @Calvin Barnes  sounds like you will have time available to add to a deal.  This will be handy.  

Learn as much as you can and the take action at the same time. 

@Calvin Barnes

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).

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 

Thanks Joshua and yes I have time available and hoping to turn real estate investing into a full time job.

Lot's of good advice to your question.  Educate yourself on the strategy you choose, not just about real estate but any laws that may pertain to your strategy.  Know where you are going to get the funds to make the transaction.  Focus on the numbers and financial aspect of the transaction!!

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