Real Estate Investor · San Antonio, TX · Member since 2010 · 5 posts · 2 votes
Hello BP. My name is Joshua Small.
I own a cloth diaper business that my wife and I started. We have 3 children.
I have been interested in real estate for a long time. Our business is doing well and I want to put most of those eggs in the real estate basket. Today, I am ready to dive in head first.
I am a total noob that has never done a deal. I want to generate a cashflowing, sustainable business, but I want to start out finding deals and earning some money by wholesaling and flipping.
I embarrassed to say that I joined BiggerPockets 5 years ago, and this is my 1st post, but as it was once said, “The best time to plant a tree was 20 years ago. The second best time is now.” – Chinese Proverb
Welcome to Biggerpockets. It's not yet too late to start. Check out things under Learn, there are lots of things you can read to get you started. The forum Starting Out is also a great place to hang out and get the motivation and courage to get your feet wet in REI. Good luck in your REI journey.
First of all I am really intrigued about this cloth diaper business you and your wife have for some reason.
Anyhow, you know how to run a business, that is a great foundation to have. And it sounds like you have the tools to make a reasonable transition into RE.
It's never too late to follow your heart.
I challenge you to not write another post (see what I just did?).
BP is a treasure chest full of resources. You will find resources here from blogs to pod casts and forums. You can also send messages to members which is my favorite part of the website.
All of the above posts are good feedback. Once you have spent some time reading / researching broadly, I recommend you narrow down your focus to one (or a few) niches. For example, flipping house, SFR rental, etc. Once you have one or two in mind - then use the search feature to find blogs or threads specific to that type of investing. After spending some time in forums related to that niche, reach out to those who, based on their posts or help given others, appear to be more experienced - reach out to them with questions. I also suggest seeing if you can find folks who have recently (last year) started investing in that niche (based on their posts) and reach out to them about their learning / what helped / worked etc.
Don't forget to use the key word alerts feature of BP once you narrow down your focus.
You might search BP for "meet ups" in your area and attend one to make local contacts.