Newbie but anixous to learn from Edgewood, MD near Baltimore, MD.

Newbie but anixous to learn from Edgewood, MD near Baltimore, MD.

Edgewood, MD · Member since 2014 · 283 posts · 59 votes

My name is David. I'm new to the real eatate business. My main job is an airplane parts assembler. Honestly I'm sick of a 9-5 job. I want to work for myself. As some of you can relate I came across the idea of real estate after reading "The Unfair Advantage" and "Rich Dad Poor Dad" by Robert Kioysaki. From there I developed an interest in real estate. I want to learn about wholesaling due to my lack of funds. My money is tied up in bills. Eventually I would like to obtain a couple rental properties and maybe even do fix and flips. I downloaded and am currently reading the ebooks off this website. Any feedback, motivation, and advice is surely appreciated. 

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Flipper · Port Deposit, MD · Member since 2014 · 280 posts · 171 votes
12y

 @David White 

Howdy neighbor and welcome! Just so you know, the Harford group for the Baltimore REIA meets on the first Thursday of every month at Giovanni's in Edgewood... it's $19 and a great opportunity to network!

More info: http://www.baltimorereia.com/strategies-harford-me...

Best of luck to you and your endeavors! 

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

    @David White 

    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 90 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 Costs http://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

  • Flipper · Port Deposit, MD · Member since 2014 · 280 posts · 171 votes
    12y

     @David White 

    Howdy neighbor and welcome! Just so you know, the Harford group for the Baltimore REIA meets on the first Thursday of every month at Giovanni's in Edgewood... it's $19 and a great opportunity to network!

    More info: http://www.baltimorereia.com/strategies-harford-me...

    Best of luck to you and your endeavors! 

  • Edgewood, MD · Member since 2014 · 283 posts · 59 votes
    12y

    Wow. I wasn't expecting a response so quickly. @Paul Timmins I'll have to purchase those 2 books by J Scott. I already downloaded the free ebooks. Thanks for the advice on HUD homes and Niche & Specialized housing. @Heather Jones hey neighbor. I will definetly attend the Harford REIA meeting. I live 5 minutes down the street from there.

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

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

    Wishing you the best! 

  • Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 31k+ posts · 20k+ votes
    12y

    @David White 

    welcome to the site.

  • South Lake Tahoe, CA · Member since 2014 · 111 posts · 37 votes
    12y

    @David White  Welcome.  This site is awesome it has a huge amount of information for you to learn the business and expedite your learning curve.  I too wanted real estate to be my full time job at one point and learned that my job provides the stability and income for me to continue to invest.

    Along your journey you will determine the right path for you but it doesn't have to be full time or not at all.  There are lots of degrees of involvement along the way.

    I enjoyed this post which had other articles to check out as well as some good podcasts to start with.

    http://www.biggerpockets.com/renewsblog/2014/05/25/getting-started-in-real-estate/

    Enjoy the journey.

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

    Hey @David White 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 "Edgewood" so you'll be notified when people mention it here in the forums.

    Thanks again for introducing yourself!

  • Edgewood, MD · Member since 2014 · 283 posts · 59 votes
    12y

    What does it mean to vote under a person's response?

  • Dave VisayaPro Member
    Moderator
    Audio Engineer and Investor · Cebu City, Cebu · Member since 2013 · 7k+ posts · 881 votes
    12y

    Hey @David White welcome to the site! It's great to have you!

    BiggerPockets
  • . · Member since 2013 · 25 posts · 10 votes
    12y

    Welcome to the site David. I am also from Maryland and I am always happy to see new local investors here.

  • Investor · Union, NJ · Member since 2014 · 23 posts · 8 votes
    12y

    Hello David,

    Welcome to the BP Community. like yourself I just became apart of BiggerPockets. As a newbie, one of the most valuable tips I've learned is to pick your niche, then learn your market. I like your story and I wish you all the success in the world.

    Best regards,

    Anthony 

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