Hello, I'm newbie to Real Estate and BiggerPockets

Hello, I'm newbie to Real Estate and BiggerPockets

Conshohocken, PA · Member since 2015 · 7 posts · 2 votes

Hello everyone,

I'm an all around newbie to Real Estate investing and becoming a landlord. I just purchased my first property with no background in Real Estate and investing. My goal is to purchase my second property by the time i'm 30. I am currently in my late 20's and want to start building my investments. I am really interested in becoming a great landlord and being part of a great community.

- David

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  • Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
    11y

    Welcome to BP @David Florist Find and network with local investors using find feature! http://www.biggerpockets.com/meet

    Also, be sure to set up “keyword alerts” to notify the topics that interest you. 

    All the best to you!

  • Real Estate Investor · Hyderabad, Andhra Pradesh · Member since 2015 · 202 posts · 12 votes
    11y

    Hi @David Florist

                           Welcome to Biggerpockets. Great to have you here.Keep networking , you'll find a lot of people here that would love to help you out.See you around in the forums.

    Good Luck!

  • La Puente, CA · Member since 2015 · 97 posts · 49 votes
    11y

    Welcome David!

    Congrats on your first purchase. Hopefully it's gone smoothly and you see that you hit many of the rules of thumb that you'll learn about here on BP. Those rules can help you avoid the mistakes that some people make prior to learning them. 

    Good luck on that second property!

    Joe

  • Dan MackinBusiness Member
    Real Estate Agent · Erie, CO · Member since 2014 · 1k+ posts · 512 votes
    11y

    Welcome @David Florist. You have come to the right place. Hopefully now that you're getting more details about the numbers your first rental purchase still looks good. You've made it past the first step that hangs up a lot of people. 

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

    @David Florist

    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). You can Google to locate them and go to meetup.com

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

    You might consider Niche or Specialized Housing like student housing. Rents can be 2-4 times more. Remember you don't have to own a property to control it.

    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

  • Professional · Carlsbad, CA · Member since 2012 · 12k+ posts · 1k+ votes
    11y

    @David Florist

    BP is full of useful resources such as forums and blogs. Welcome to the Bigger Pockets community-be sure to check out all the awesome BP blogs under “Learn.”

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

    Hi  @David Florist!

    Welcome to Biggerpockets!

    All the best on your deals!

  • Rental Property Investor · Mechanicsville, MD · Member since 2015 · 123 posts · 62 votes
    11y

    Welcome David, awesome site with awesome like-minded people. Enjoy!

    James

  • Lender · Orlando, FL · Member since 2014 · 335 posts · 24 votes
    11y

    @David Florist, Welcome to BP! It sounds like you have a great plan in place to build your wealth. Good luck!

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