Newbie from Orange County CA

Newbie from Orange County CA

Carmel, IN · Member since 2014 · 4 posts · 1 vote
Hello all! My name is Craig and my professional background is in property and casualty insurance. My goal is to purchase duplexes for buy and hold to create $10k in monthly passive income over the next 18 months. I have been concentrating on cities in the Midwest. I look forward to being active in the BP forums and to continue learning as much as possible from all the BP members.
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  • Rental Property Investor · Long Beach, CA · Member since 2015 · 623 posts · 155 votes
    11y

    Welcome Craig. I'm new here also and I'm looking to buy my first duplex in Indianapolis but I'm also going to check out Kansas. Get ready to be contacted by a bunch of very nie people tha want to help you. 

    I was just down in Irvine today.

  • Investor · Trabuco Canyon, CA · Member since 2015 · 40 posts · 35 votes
    11y

    Hi Craig,

    I'm a newbie to BP as well but have been listening to the podcasts for a while.  I live in South OC and am always working in Irvine.  I am starting to buy in a couple of different Midwest states as well and have been pretty impressed with the ROIs vs. So Cal.

    Good luck to you!!  Let me know if you'd like to compare notes.

  • Carmel, IN · Member since 2014 · 4 posts · 1 vote
    11y
    Thanks Jeb. I'm also looking in Indianapolis. I lived there for about 2 years and owned a home in Carmel, IN. Good luck and I look forward to hearing about your progress.
  • Mike D'ArrigoPro Member
    Turn key provider · San Jose, CA · Member since 2010 · 4k+ posts · 3k+ votes
    11y

    Indianapolis is a great cash flow market and has a strong economy. I've been involved in Indy for 5 years now. Feel free to reach out if I can help.

  • Realtor · Orange County, CA · Member since 2015 · 74 posts · 13 votes
    11y

    Welcome to BP! That's a great idea to get started in RE investing! Best of luck to you!

  • Brandon TurnerPro Member
    Investor · Maui, HI · Member since 2009 · 13k+ posts · 3k+ votes
    11y

    Hey @Craig Mount welcome, glad to have you on board! If you haven't yet, be sure to check out the The Ultimate Beginner's Guide to Real Estate Investing and The BiggerPockets Podcast. They are both great at learning the fundamentals.

    Oh - and if you haven't yet- be sure to setup some "Keyword Alerts."

    Glad to have you here

  • Joe HomsBusiness Member
    Flipper · Mission Viejo, CA · Member since 2014 · 2k+ posts · 1k+ votes
    11y

    @Craig Mount Welcome to BP. There is a meet up in Lake forest each month that you might be interested in. PM me for details. 

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

    @Craig Mount

    Welcome. Fill in the foundation below.

    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

    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 Attorney, Broker, Investor · Indianapolis, IN · Member since 2013 · 207 posts · 58 votes
    11y

    Craig,

    Welcome to the BP community!

    Should you have any questions as to Indiana laws, rules and regulations, feel free to give me a call.

    Happy Investing!

  • Andrew SyriosPro Member
    Moderator
    Residential Real Estate Investor · Kansas City, MO · Member since 2014 · 10k+ posts · 5k+ votes
    11y

    Welcome Craig and good luck investing!

  • Rental Property Investor · Indianapolis, IN · Member since 2014 · 354 posts · 167 votes
    11y

    @Craig Mount

    First - Welcome to BP! - 10k a month is an aggressive target but not unattainable.  Good luck and let us know if you need anything.  Leverage the resources on BP and ask questions.  I know you can succeed if you put your efforts at it.

  • Houston, TX · Member since 2013 · 1k+ posts · 114 votes
    11y

    Hi @Craig Mount!

    Welcome to Biggerpockets! I wish you success on your real estate investing!

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