Newbie Alert!

6 Replies

Hello everyone my name is James. Everyone I talked to keeps telling me to look into real estate and that it is a lucrative market. So now I am definitely interested. I'm active duty Army and just trying to start up some conversations about how to go about it, what would I be getting into, good properties. Sorry if I sound crazy, I'm just trying to set up for success. Feel free to reply.

Welcome James!

Thanks for your service. You came to the right place for RE info. Try and attend some local BP meetups and check out the podcasts.

@James Booker

Welcome. Thanks for your service.  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). Find them through Google and meetup.com

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

Consider checking out HUD homes for small multi's owner occupied gets first crack.

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

@James Booker - Thanks for your service!

Welcome to the BP community. Ok, now that you have taken your initial step, below are some quick links to get engaged.

REI can be very daunting, but, before you go searching for that 1st buy, please take a few minutes to bone up on the tips in link below.

http://www.realestate.com/advice/buying-your-first-investment-property/

However, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

I have started to read the beginners guide and my head is about to explode but it's definitely interesting. I'm already in love with the whole flipping houses method so far.

Welcome to BP James!  I see that the info above is more than enough to help you get started....

Let me know if you have any questions because I am an USAF Active Duty.  What are your goals with real estate?  That is a big starting point is figuring out what you want to do.

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