Newbie from Miami, Florida
Hello to everyone. My name is Jose Diaz from Miami, FL. I am currently a Licensed Mental Health Counselor in the state of Florida. My wife and I are looking into using real estate investing to provide us with the opportunities life has.
At the moment, I am educating myself on wholesaling, fix/flip and financing options. It would be great to meet a seasoned investor in these areas, as we are very fresh to real estate investing. Some genuine help would be greatly appreciated.
I signed up at bigger pockets because it provides legitament, no non-sense help/guidance that we need to grow our idea of expanding our means.
Pleasure to meet all of you!
Jose Diaz
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- Real Estate Broker
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#1 Classifieds Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
@Jose Diaz welcome to the site.
Welcome @Jose Diaz , this is a great place to get your questions answered. A good place to start is w/ the Ultimate Beginner's Guide. If you haven't done so yet, I would also recommend listening to all of the podcasts. There is tons of information there.
Thanks to you both.
Michael- I started reading beginners guide last night. Great information so far.
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#2 New Member Introductions Contributor
- Specialist
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Welcome. Time to build the foundation below.
Check out the Start Here page http://www.biggerpockets.com/starthere
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 70 past ones to catch up on.
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
Good luck
Paul
@Paul Timmins
Thanks for the advice. There is an overwhelming amount of information here, however that is what makes it great.
Welcome to the site @Jose Diaz! Thanks for introducing yourself to the community. I like that you know what you want to learn and have a plan, that's great. I hope you and your wife find what you're looking for here on the site and I'll see you around the forums!
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Raymond
Thank you for the help Raymond. Its obvious I am a newbie. Hahaha.
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- Solo 401k Expert
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#1 New Member Introductions Contributor
- Solo 401k Expert
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Welcome to BP community @Jose Diaz It is a great place to meet new friends and learn about various aspects of real estate and more.
Wishing you the best!
- Sense Financial Services LLC
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Welcome to the BP community @Jose Diaz Miami is a great but very competitive market for RE investing but a lot of money can be made if investing in the right areas.
Good Luck!
@Mitchell L. Thanks for the welcome
Its very competitive. Thats why I need to learn as much as I can to get ahead. Obviously, I will also take a look at other neighboring areas.
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#2 Questions About BiggerPockets & Official Site Announcements Contributor
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Hey @Jose Diaz Thanks for jumping in and introducing yourself! If you haven't yet- be sure to setup some "Keyword Alerts" to get into conversation in your target area.
Oh - and here are my favorite articles on Wholesaling:
- 9 Reasons You Couldn
Jose Diaz Welcome to the community, of BiggerPockets! Be sure to check out the forums, the blogs, podcasts as well as other parts of this amazing website and like minded community. The people here have a vast amount of knowledge and are more than willing to share their experience and provide sound insight and advice. Do not hesitate, to post questions and bounce ideas around in applicable forums. I am a Rehabber as well as a Buy and Hold Investor. Please free to reach out, to me, if you feel I may be of assistance, to your Real Estate Endeavors. Much to your success!
Welcome to BP @Jose Diaz! Good luck on your REI journey
Welcome @Jose Diaz! I remember when I first found this sight I was overwhelmed too! My best advice is to listen to the podcasts. They go over the same ideas a lot but with a unique perspective for each person. I literally started from the beginning and have been listening to them on my commute to and from work. I've gotten so many great ideas and a more thorough understanding of the concepts just by listening. You are in a great place! There are so many helpful people on this site! Good luck!
@Jose Diaz Welcome and good luck.
My best recommendation for a new person (like myself) is to check out the meet ups and get to know some RE investors in person.
@Jose Diaz Great to hear that you are entering the real estate industry. In my opinion the very first thing you must do is decide on your goal.
Are you looking for passive income or capital gains?
By knowing that answer it allows you to then select the area, and investment strategy.
There are many Techniques, methods, etc, etc.. but don't get lost in the library either or start thinking you don't know enough to start.
The amount of information revolving the real estate world is overwhelming but only focus on what you need and what works for your own personal goals.
best of luck on your investing adventures !
-Andres Calderon