Updated over 11 years ago on . Most recent reply
Hello everyone, I am from Seattle WA
Hello BPers,
stumbled upon BP and then I was amazed to see so many detailed and informative discussions. I hope to learn as much as possible from here and make few friends along the way.
My primary (only) job is I am a developer for large Software company.
I am very curious person and I have tried form Poker to Bitcoins and some more things, with various results. I bought my first apartment in short-sale in 2012, which has appreciated quite nicely, and it is the only investment so far which has given me actual handsome returns. Finally I have come to an understanding that real-estate investing is where I can leverage my own self and little cash I have accumulated so far, in the least risky fashion, with less hours per week.
I have teamed up with a like minded friend, although little more conservative on risk. With him, in future I am planning on investing in retail real-estate property (considering some NNNs).
Please let me know if there are books/pdfs/posts that are must for the newcomers. I had tried reading a Donald Trump's book but had to put down due to diluted messages. I like summaries usually.
Hope to talk to you all.
-Ajeet
Most Popular Reply
If you prefer summaries, real estate probably isn't for you. Investing is a business, and there's a fine line between making money in this business (long-term) and losing money in this business. That line is typically hundreds/thousands of hours of study, research, hard work and experience. You won't get that in summary form.