Newbie investor in the West Georgia Area

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Newbie investor in the West Georgia Area

Keenan Mabrey
Homeowner · Temple, GA · Member since 2014 · 6 posts · 2 votes

Hello biggerpockets investors,

My name is Keenan Mabrey I reside in the West Georgia area. I plan to make a footprint in the local market here in the West Georgia area. I do not have any experience in real estate other than purchasing my primary residence. I have always wanted to be connected with real estate in some form since I was in High School. I have been tuned into the podcast and steadily reading the forums and trying to soak up as much knowledge as I can. I look forward to networking with investors in the future.

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  • James Wise
    Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 31k+ posts · 20k+ votes
    11y

    @Keenan Mabrey 

    welcome to the site.

    0Reply
  • Paul Timmins
    Specialist · Rockland, MA · Member since 2010 · 7k+ posts · 2k+ votes
    11y

    @Keenan Mabrey 

    Welcome. Remember this is a marathon not a sprint. 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.

    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.

    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

    0Reply
  • Keenan Mabrey
    OP
    Homeowner · Temple, GA · Member since 2014 · 6 posts · 2 votes
    11y

    Thanks Paul for the good advice.  I will check these things out ASAP.

    0Reply
  • Dave VisayaPro Member
    Moderator
    Audio Engineer and Investor · Cebu City, Cebu · Member since 2013 · 7k+ posts · 881 votes
    11y

    Hey @Keenan Mabrey welcome to BiggerPockets! This is certainly a great community and it is also a perfect place to learn more about REI. Feel free to jump in and never hesitate to ask your questions. See you around!

    BiggerPockets
    0Reply
  • Elizabeth Colegrove
    Hanford, CA · Member since 2013 · 5k+ posts · 1k+ votes
    11y

    Welcome to Biggerpockets!

    You found the place to be! You will find no better place to build a solid platform than bigger pockets. The one thing we all agree up on is that we invest in real estate. Beyond that everyone is different.

    The key is not get stuck on analysis paralysis! We have found slow and steady has made us very successful. Babysteps are key :)

    We are buy and hold investors who invest in class A properties self-managing from a distance while working full time. We got started turning our personals into rentals when we were transferred. We have a very specific business plan and we buy very specific houses. This allows us to meet our long term goals while self-managing and working full time. Our ultimate goal is to use our real estate cash flow to fund early retirement in 15 years. So we live frugally allow us to invest in real estate. Other people use wholesaling or flips to fund their rentals :)

    I highly recommend you also check out- the blogs, forums and listen to the podcasts. If you see a post you enjoy check out the persons signature. As many of us have created resources around our niche (websites, blogs, etc) so checking out the signature is a great to get more information. Make sure you don't miss out on networking is by filling out your signature, profile and pming people with questions.

    Look forward to seeing you around!  

    0Reply
  • G.A. Miller
    Real Estate Agent / Realtor · Atlanta, GA · Member since 2014 · 40 posts · 18 votes
    11y

    Hi @Keenan Mabrey ! I'm newer to this site as well, but am pouring through as much as I can when I'm not busy with work and family. If you ever decide to start looking into Atlanta for your investments, please do contact me. I can try to help you here in this awesome city. 

    0Reply
  • Andrew Cordle
    Real Estate Consultant · Alpharetta, GA · Member since 2014 · 661 posts · 400 votes
    11y

    @Keenan Mabrey

    Hey man I grew up over there in Douglasville, I live in Alpharetta now but know that area well. 

    Hello "BP Newbie" and welcome to Bigger Pockets.

    In the meantime here are 7 tips to help you grow your business using BP:

    1. New to BP?

    2. Develop your own business strategy. -- Don’t just be a “jack-of-all-trades"

    3. Grow your business by developing your business plan. - Remember there is a difference between goals and a plan.

    4. Locate and attend several different local REIAs as they’re great opportunities to network and meet wholesalers, lenders, and contractors.

    5. Stay away from the “guru” sales-pitch events - they rarely increase your investment knowledge, they merely empty your wallet!

    6. Spend 30 minutes a day on Bigger Pockets by connecting with “colleagues,” perusing blogs and videos, and engaging with others on the forums:

    7. Set yourself up to receive free alerts to be notified of subjects that interest you:

    Andrew

    0Reply
  • Terrence Smith
    Investor · Marietta, GA · Member since 2014 · 41 posts · 17 votes
    11y

    @Keenan Mabrey welcome to BP. Your talking about my area of town, so keep in touch as you grow and learn the market. All the advice above is rock solid. Best of luck to you. 

    0Reply
  • Keenan Mabrey
    OP
    Homeowner · Temple, GA · Member since 2014 · 6 posts · 2 votes
    11y

    That's everyone for the comments. I look forward to building a relationship in the future.

    0Reply
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