New to BP from Fond du Lac, WI

Professional · Fond Du Lac, WI · Member since 2015 · 11 posts · 2 votes

Hello all! I'm new to the site and new to real estate investing. I'm hoping to learn from landlords and gain experience. I'm currently in the process of negotiating my first rental property deal. If anyone wants to share their beginner tips I would be love to here them! Thanks, Kevin

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Justice Cannie
Investor · Charlotte, NC · Member since 2015 · 66 posts · 21 votes
11y
Welcome and good luck with your pending deal.
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Paul Timmins
Specialist · Rockland, MA · Member since 2010 · 7k+ posts · 2k+ votes
11y
@Kevin Last
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 having a property manager for your first property go to IREM.org search for ARM certified property managers. Call 5 ask them what they see expenses running per category per unit. What do they see them selling for per unit, what is the market occupancy rate. What are the market rents? Ask them if they know anything coming up for sale. Great way to pick up some good info and possibly a deal.
You can also search NARPM.org for the RMP (Residential Management Professional) and MPM (Master Property Manager) certified.
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
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Rachelle RodaviaPro Member
BiggerPockets Support · Manila, Philippines · Member since 2015 · 1k+ posts · 148 votes
11y
@Kevin Last
Welcome to the Bigger Pockets community!
Good luck on your new adventure!
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Mark Nolan
Professional · Carlsbad, CA · Member since 2012 · 12k+ posts · 1k+ votes
11y
@Kevin Last
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.”
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Ramon Jenkins
Real Estate Agent · Milwaukee County, WI · Member since 2009 · 3k+ posts · 525 votes
11y
Midwest welcome aboard
Podcasts are located under the " learn " tab
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Dmitriy Fomichenko
Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
11y
Glad you find this site @Kevin Last you are in the right place to learn all about REI! Wishing you the best!
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Frank Eimiller
Rental Property Investor · Fond Du Lac, WI · Member since 2015 · 261 posts · 78 votes
10y
Hey hey, sorry for bumping an old post but i'm from Fond Du Lac as well! Nice to meet you
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