Newbie investor from Metro Detroit.

Newbie investor from Metro Detroit.

Pontiac, MI · Member since 2015 · 45 posts · 8 votes

Hello BP members,

My name is Jerron Horn, I am from Pontiac, Mi which is about 30mins outside of Detroit. Me and my fiance are newbie investors who are looking to get into wholesaling to help build our capital and grow a substantial portfolio down the road. We have been doing a lot of research, reading and watching videos and feel it is time to put our knowledge to work. We look forward to working with other members and continue to educate ourselves through the forums and podcasts. Thanks for your time. Looking forward to connecting with other.

Sincerely, 

The Horns

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

    @Jerron Horn 

    Welcome. 

    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 (cash buyers).

    Two Great reads, I bought both J. Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbook

    Couple good reads 

    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 

  • Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes
    11y

    @Jerron Horn 

    welcome to the site. see you around the forums.

  • Real Estate Investor · Madison Heights, MI · Member since 2014 · 693 posts · 216 votes
    11y

    ugh another "wholesaler" in Michigan.  lol

    1 - Remember to leave some meat on the bone for the end buyer when trying to market your properties. 

    2-  Also please don't say all the properties that you find only need 5k in light rehab.

    3 Be honest with both parties involved.

    4 - if you have ever rehabbed a house that would be helpful

    5 - good luck 

    6 - get in the game.  Just think every month you don't have an investment property you are losing money.  Get off the sidelines and get in the game.  Pontiac is a good market to start in.  Buy some on the west side and section 8 those suckers.

  • Investor/RE Broker · Eugene, OR · Member since 2014 · 3k+ posts · 968 votes
    11y

    @Jerron Horn Hi and welcome to BP!

  • Pontiac, MI · Member since 2015 · 45 posts · 8 votes
    11y

    Thank you @Paul Timmins I will definitely take a look at those reads.

  • Pontiac, MI · Member since 2015 · 45 posts · 8 votes
    11y

    @ScottK thank you very much for the all the valuable advice. I hope to put all the do's and donts to good use and provide investors with good deals. Hopefully we can connect and do some business in the future.

  • Pontiac, MI · Member since 2015 · 45 posts · 8 votes
    11y

    Thanks @James Wise and @Larry Fried

  • Real Estate Investor · Madison Heights, MI · Member since 2014 · 693 posts · 216 votes
    11y

    @Jerron Horn 

      the way the @ works when you start typing in the name you will see the name pop up on the bottom left of the box for the text.

    That is all good advice that I could think of off the top of my head.  Sure connect with me by just clicking the connect under where my name is in the post.  You have found the best real estate investor forum on the net.  By far the best.

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