New member(s) in South Florida - Fort Lauderdale

New member(s) in South Florida - Fort Lauderdale

Fort Lauderdale, FL · Member since 2014 · 7 posts · 4 votes

Hello Bigger Pockets!

My wife and I are in beautiful Downtown Fort Lauderdale about to move in to our first single family detached home. Once we move in, we plan on selling our rental condo (slightly CF neg) in Brickell and cashing out with a tidy 200k.

We plan on using that for flipping and the occasional rental condo. My wife is a newbie real estate agent and I am a newbie in residential solar (also pursuing agent license and LEED certification).

Ideally we'd gopher for an experienced flipper for a project or two and then hopefully partner for our first true flips.

We found BP from J Scott's site and that is pretty much who'd we like to emulate.

Finally, we look forward to speaking with you all!

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Orlando, FL · Member since 2013 · 165 posts · 62 votes
12y

Grant

Welcome to Bigger Pockets and welcome to selling real estate in Florida. If you are soon taking the Florida real estate exam, check out my You Tube channel. My user name is Climer School and we have 12 free real estate math videos posted in a playlist. This is the math that is on the Florida real estate exam. Watch these videos. It will help you be in the half of the applicants that pass the exam the first time. Read my article right here on BP

http://www.biggerpockets.com/blogs/3840/blog_posts/27250-floridas-real-estate-exam-pass-rate

Good luck.

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  • Dallas, TX · Member since 2013 · 311 posts · 94 votes
    12y

    Welcome to BP!

  • J. MartinPro Member
    Rental Property Investor · Oakland, CA · Member since 2011 · 3k+ posts · 2k+ votes
    12y

    Welcome Grant. There are a lot of super helpful people and great advice on this site! I’m a ‘fix and hold’ investor from the Bay Area in CA, and loving it! A lot of others doing flips, wholesaling, notes, everything.. A few tips..

    You can tag people by typing @ before you type their name, then clicking their name when it pops up at the bottom of the message box. You can click on the ‘vote’ button if you like someone's post or is helpful, and there are ‘awards’ to earn on your profile. The "Learn" link across the top navigation bar has lots of great info, and most importantly, the BP members! Welcome to BP, and good luck on your investments!

  • Denver, CO · Member since 2014 · 220 posts · 18 votes
    12y

    Welcome aboard @Grant Belgrave!

    Definitely check out Flipping Houses: A Step by Step Case Study

    I think you guys will find it to be a great place to start :)

    Good luck!

  • Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
    12y

    Welcome to the BP family @Grant Belgrave, you came to the right place to learn all about real estate investing! Here are a few recommendations for you:

    Find and connect with other BP members that are in your area http://www.biggerpockets.com/meet

    Set up keyword alerts to be notified of the topics that interest you http://www.biggerpockets.com/alerts

    Read Beginner’s Guide http://www.biggerpockets.com/real-estate-investing and check out BP Podcast.

    Wishing you the best!

  • Orlando, FL · Member since 2013 · 165 posts · 62 votes
    12y

    Grant

    Welcome to Bigger Pockets and welcome to selling real estate in Florida. If you are soon taking the Florida real estate exam, check out my You Tube channel. My user name is Climer School and we have 12 free real estate math videos posted in a playlist. This is the math that is on the Florida real estate exam. Watch these videos. It will help you be in the half of the applicants that pass the exam the first time. Read my article right here on BP

    http://www.biggerpockets.com/blogs/3840/blog_posts/27250-floridas-real-estate-exam-pass-rate

    Good luck.

  • Brandon TurnerPro Member
    Investor · Maui, HI · Member since 2009 · 13k+ posts · 3k+ votes
    12y

    Hey @Grant Belgrave Thanks for introducing yourself! It's great to have you here! Don't miss The BiggerPockets Podcast - they are great for learning how others are finding success.

    Oh - and be sure to set up some Keyword Alerts- especially for "Fort Lauderdale" so you'll be notified when people mention it here in the forums.

    Thanks again for introducing yourself!

  • Specialist · Rockland, MA · Member since 2010 · 7k+ posts · 2k+ votes
    12y

    @Grant Belgrave

    Welcome. Fill in the foundation below.

    Check out the Start Here page http://www.biggerpockets.com/starthere

    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.

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

    You might consider Niche or Specialized Housing like student housing or vacation rentals. Rents can be 2-4 times more. Remember you don't have to own a property to control it.

    Good Luck

    Paul

  • Fort Lauderdale, FL · Member since 2014 · 7 posts · 4 votes
    12y

    Thank you everyone for the enthusiastic welcome!

    @Account Closed thanks I will check out those videos

    @Paul Timmins I like the vacation rental idea! Also can you elaborate on

    "Remember you don't have to own a property to control it."

  • Specialist · Rockland, MA · Member since 2010 · 7k+ posts · 2k+ votes
    12y

    @Grant Belgrave

    An existing property is for rent. You could offer to fill it for the owner for a small piece.

    A buddy filled a 3 family for an out of state owner. She takes 100 a month off the top for each bed, the house has 10 beds she is making $1,000 a month on a property she does not own nor manage.

    Paul

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