New Member - Phoenix, AZ

10 Replies

Hi Everyone,

Just signed up to BP yesterday, seems like a great community and a great place to network. I’m originally from Phoenix, but have been working overseas for the past few years. I’m currently in China on an LNG project.

I bought a fourplex in Tempe for a couple years, but still consider myself a newbie to real estate investing. I'd like to jump back in and get a couple more properties in the next year to try and expand that passive income stream. The fix/flip model doesn't suit me too well since I like my day job so I wouldn't consider doing real estate full time. I’m more interested in rentals.

I'm hoping to connect with similar investors or professionals out there and learn anything I can, would appreciate any recommendations for good forums or groups on BP for investors in the phoenix area. I’m hoping to get a little help to get a couple single or multi-family homes in the phx area that have some promise of good returns.
cheers.

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@James Leos

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 70 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.

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

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

http://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-book

Good Luck

Paul

Welcome to BP community @James Leos ! It is a great place to meet new friends and learn about various aspects of real estate and more.

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

Wishing you the best!

Welcome James. 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!

Hey @James Leos 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.

Also - here's a couple articles you might enjoy:

The 21 Best Real Estate Investing Books Ever

How to Rent Your House: The Definitive Step by Step Guide

How to Be a Landlord: Ten Tips for Success

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

Thanks again for introducing yourself!

Hi @James Leos welcome to BP, the community here can definitely help you navigate the REI waters. I have received a wealth of information and assistance from fellow members. Search around and ask questions as needed. See you around the site!

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