I'm excited to have found the BP web site. I've been researching Real Estate investing a lot over the last couple weeks and am very motivated to jump in and work hard to get my business going.
Originally my fiancé and I are interested in flipping/ renovating houses, but I'd like to learn more about wholesaling and lease options as well. We don't have a lot of money to get it started, but we have plenty of drive!
Any input on what you'd recommend for a first transaction? Thanks!
Welcome to BiggerPockets @Ferrell Hapgood , thanks so much for introducing yourself to the community! I really like that you and your fiance are on the same page when it comes to investing. Working as a team is so powerful! Before a first transaction, I would definitely recommend learning about the characteristics of a GOOD and profitable flip deal. This will help with wholesaling and flipping.
If you haven't already, check out The Book On Flipping Houses. This will go into very fine detail about the whole process. Hope that helps!
See you around the site!
Hi @Mehran Kamari. Thank you for the advice! I will definitely check out that book.
Hi and welcome to BP! I have inlaws in South Lake Tahoe, and know it is beautiful there.
Welcome to Bigger Pockets @Ferrell Hapgood ! Wholesaling is a great starting point with low money bro, just remember this one piece of advice...
Stay focused on one niche only!!! Its going to be tempting at time to learn about whatever else, but it won't get you anywhere but lost in the sauce man.
Best of luck to you on your endeavor.
@Larry Fried, Thanks! What kind of RE investing do you do?
Hi @Ferrell Hapgood and welcome to BP! I am sure your time on BP will be a wonderful experience.
Hello @Ferrell Hapgood! Welcome to BP, its an awesome site! I'm a newbie as well. I wish you and your wife the best of luck in your real estate endeavors!
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