Newbie Allentown, PA

[Michael Cornell]

Hi everyone. I'm from Allentown, PA. I have been interested in real estate for a number of years. I am looking to learning boat loads form BP. Hopefully 1 day I can help others as well. I have flipped 1 property before. I took a loss. I didn't know what I was doing and did no research.

So here I am back at it again. My goal is to have rental units. That is my retirement goal. I currently have a home improvement business. So that knowledge with hopefully help this time around. Any advice from anyone is greatly appreciated.

Talk to you all soon.

Mike Cornell

[Paul Timmins]

@Michael Cornell @Dave Lin 

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