New Member from Los Angeles / San Bernardino County

New Member from Los Angeles / San Bernardino County

Fontana, CA · Member since 2014 · 9 posts · 4 votes

Hello, my name is A.J. Bolding. I am a new to the investment side of real estate, but I do have some experience in the field. I was in the mortgage industry from 2003-2007 and have a CA Real Estate License. I am not an active realtor, but rather am using the license for my real estate ventures. I have enjoyed the info on this site over the past couple of weeks and have decided to join in an effort to learn from others as my portfolio grows. My interest is in buy and hold strategies with a primary focus on learning how to quickly increase cash-flow upon obtaining an investment property. I just submitted my first offer on a very cheap SFR in Arizona. The house is near a family member and the truth is that I am using this as a "learning experience", and more importantly my decision to at least take action and begin my portfolio. I've read that fear is a normal obstacle. My longterm goal is to get into multi-units. I learn fast and appreciate any available advice from seasoned investors. Hopefully my past experience, as well as my current exposure from a newbie perspective, will be beneficial to someone here also.

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

    @A.J. Nickolas Bolding  

    Welcome. Time to build 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 80 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.

    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

  • Real Estate Investor · Rancho Cucamonga, CA · Member since 2014 · 28 posts · 5 votes
    12y

    @A.J. Nickolas Bolding  Its good to see a local IE investor. Seems like you're on the right track. You'll reach your goals by continuing to learn and creating momentum in your business. Good luck.

  • Real Estate Investor · Santa Monica, CA · Member since 2014 · 199 posts · 32 votes
    12y

    Welcome @A.J. Bolding!

    We adopted our beautiful puppy from Fontana! There are some great people on this site that can help you with anything. Good luck with your first SFR!

    Cheers,

    Vala

  • Fontana, CA · Member since 2014 · 9 posts · 4 votes
    12y
    Originally posted by @Dorance Creighton:

    @A.J. Nickolas Bolding  Its good to see a local IE investor. Seems like you're on the right track. You'll reach your goals by continuing to learn and creating momentum in your business. Good luck.

     Thanks!!

  • Fontana, CA · Member since 2014 · 9 posts · 4 votes
    12y
    Originally posted by @Vala Shahabi:

    Welcome @A.J. Bolding!

    We adopted our beautiful puppy from Fontana! There are some great people on this site that can help you with anything. Good luck with your first SFR!

    Cheers,

    Vala

     Thanks!  Wish you and your puppy the best

  • Fontana, CA · Member since 2014 · 9 posts · 4 votes
    12y
    Originally posted by @Dorance Creighton:

    @A.J. Nickolas Bolding  Its good to see a local IE investor. Seems like you're on the right track. You'll reach your goals by continuing to learn and creating momentum in your business. Good luck.

     Thank you.  You're definitely nearby.  We'll see what the future holds...

  • Fontana, CA · Member since 2014 · 9 posts · 4 votes
    12y
    Originally posted by @Paul Timmins:

    @A.J. Nickolas Bolding  

    Welcome. Time to build 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 80 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.

    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

     Hey Paul, thanks for the links.  I will definitely take a look at any helpful information.  

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

    Welcome to BP community @A.J. Nickolas Bolding  It is a great place to meet new friends and learn about various aspects of real estate and more. 

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

    Wishing you the best! 

  • Rental Property Investor · Beverly Hills, CA · Member since 2014 · 472 posts · 272 votes
    12y
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