Newbie in Rochester and Buffalo NY markets.

Newbie in Rochester and Buffalo NY markets.

Le Roy, NY · Member since 2014 · 18 posts · 1 vote

My name is Bryan Colton from Le Roy, NY. I just finished 3 days of the Yancey Real Estate seminar and I'm looking for a mentor to help me become financially independent. I currently own a Disaster Restoration company with 12 employees. We primarily rebuild house fires. I really believe I could excel in the flipping market and looking forward to purchasing some buy-and-hold properties. Any help in the real estate industry would be appreciated. I am eager to learn and believe I could make a good partner with someone.

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

@Bryan Colton 

Welcome. Your experience will prove valuable. 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 90 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

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

    @Bryan Colton 

    Welcome. Your experience will prove valuable. 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 90 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

  • Specialist · Dallas, TX · Member since 2014 · 900 posts · 392 votes
    12y

    Good luck with your move to homes, and being out of the city, you will find very good opportunities for you to fix/flip or keep. We are looking for REOs in the TriState area and they have dried up, though there is no shortage upstate!

  • Hanford, CA · Member since 2013 · 5k+ posts · 1k+ votes
    12y

    Welcome to Biggerpocket!

    The key is baby steps. It sounds like you already have the personal. I would buy foreclosures and busted up houses that are along the lines of your speciality and go from there!

    Definitely check out the blogs, podcast and forums. Another great source of information is individual blogs found in peoples signatures. Many of us including myself write about our niche. The only thing we all agree about is investing in Real Estate. Beyond that there are many different style and types of investing. My blog/website is about long distance self management, landlording, investing in class A investments, investing in a transient lifestyle, etc.

    Look forward to seeing you around!

  • Syndicator and Fund Manager · Victor, NY · Member since 2012 · 760 posts · 345 votes
    12y
    I'm also in those markets and would be willing to answer some questions but need to know more about what you're seeking.
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