Newbie from Newport News, VA

Newport News, VA · Member since 2015 · 7 posts · 3 votes

My name is Robin Tamburri and I am very new to real estate investing. Like many on here I have been reading on real estate for years and have yet to make my first deal. 2015 is the year I change that though. I am looking to invest in multifamily homes and rent them. I have no real estate background and appreciate any feedback. I am working with a local investor to make my first deal. I am still very new and have only completed a few analysis so far but am working on analyzing at least 2 - 5 per day to get some practice. any suggestions for other daily practices are welcomed. I am excited to be on here and get as much information as possible and hopefully soon I will be able to give back from my experiences and knowledge.

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David Zinn

Investor · Newport News, VA · Member since 2014 · 43 posts · 20 votes

11y

Welcome, Robin! You should come out to PREIA (Peninsula Real Estate Investors Association). It is just the $12 price of the buffet we meet at (Peking International Buffet, 55 Town Center Way), and the next meeting is in two days on Jul 23rd at 7 PM. Unfortunately I won't be able to be at this one, but you should check it out! Super chill and people on all ends of the spectrum from newbie to tons of experience.

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Mark Nolan
Professional · Carlsbad, CA · Member since 2012 · 12k+ posts · 1k+ votes
11y
@Robin Tamburri
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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David Zinn
Investor · Newport News, VA · Member since 2014 · 43 posts · 20 votes
11y
Welcome, Robin! You should come out to PREIA (Peninsula Real Estate Investors Association). It is just the $12 price of the buffet we meet at (Peking International Buffet, 55 Town Center Way), and the next meeting is in two days on Jul 23rd at 7 PM. Unfortunately I won't be able to be at this one, but you should check it out! Super chill and people on all ends of the spectrum from newbie to tons of experience.
1 Reply
Henry Moore
Wholesaler · Raleigh, NC · Member since 2015 · 66 posts · 22 votes
11y
Welcome @Robin Tamburri to BP. It's great that you found someone to work with. Good luck with your investing.
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Robin Tamburri
OP
Newport News, VA · Member since 2015 · 7 posts · 3 votes
11y
Thank you for the welcomes and advice. David I have just recently looked in to the PREIA and hope to see you there sometime.
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James H.
Investor · Williamsburg, VA · Member since 2015 · 20 posts · 3 votes
11y
Ms. Tambura, are you new to this area as well as to biggerpockets? Either way, welcome and good luck with all your property searches. I've only lived here for a year (I'm up the road in Williamsburg) but am really enjoying the friendly people. While I have not purchased any properties in this area (my properties are all in other states), it certainly seems as though there are wide varieties of opportunities.
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James H.
Investor · Williamsburg, VA · Member since 2015 · 20 posts · 3 votes
11y
and... Just noticed my stupid iPad autocorrected your last name incorrectly. Sorry! Ms. Tamburri!
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Michael S.Pro Member
Biggerpockets Support · Las Pinas, Metro Manila · Member since 2015 · 7k+ posts · 1k+ votes
11y
@Robin Tamburri
Welcome to Biggerpockets. Great to have you here. Good luck on that first deal
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Randy Brawdy
Real Estate Professional · Richmond, VA · Member since 2015 · 10 posts · 1 vote
11y
Welcome and good luck.
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Kris Haskins
Investor · hampton, VA · Member since 2009 · 428 posts · 249 votes
11y
welcome... welcome.... don't be afraid to post as much as you can there are some serious pros on this site
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Paul Timmins
Specialist · Rockland, MA · Member since 2010 · 7k+ posts · 2k+ votes
11y
@Robin Tamburri
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). Find them through Google and 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
Consider checking out HUD homes for small multi's owner occupied gets first crack.
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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Robin Tamburri
OP
Newport News, VA · Member since 2015 · 7 posts · 3 votes
11y
Again thank you everyone for the welcomes and for the great advice. Paul, I have downloaded the newest book and am getting ready to start reading it now. Also looking into ordering the 2 books you recommended too. Just starting to reach out and attend local REIA meetings, better late than never. Thank you again for the advice and encouragement BP people rock.
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Robin Tamburri
OP
Newport News, VA · Member since 2015 · 7 posts · 3 votes
11y
James, I have actually never seen that misspelling of my name before ( thank you technology ) and believe me, I have seen plenty! Williamsburg is a great area, I spend a lot of time there with friends and would love to invest in that area in the near future. Welcome to the area, I have actually been here since 1985, minus a few years I spent pursuing career opportunities in other states. Glad you are liking it here. Hope you find some good deals here in VA too.
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Robin Tamburri
OP
Newport News, VA · Member since 2015 · 7 posts · 3 votes
11y
I haven't posted much on here yet, I have been spending most of my time reading, listening to podcast and watching past and weekly webinars.
A little update on what has been going on with me. I have been working with a local investor and he has asked me to write him an offer for a duplex he currently owns (for practice purpose). I am at a bit of a stand still since I have never seen an actual offer. My questions to the BP community are... Is there a formal format for offers? And if so where might i find one to educate myself on how to move forward? Also He wants me to be creative and make a few different offers being creative with them of course... I am having some difficulty because as I said earlier I have never seen an offer so I'm not sure how to present one. Thank you everyone for being on BP and for the wealth of knowledge that is shared.
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Andrew SyriosPro Member
Moderator
Residential Real Estate Investor · Kansas City, MO · Member since 2014 · 10k+ posts · 5k+ votes
11y
Welcome to BP Robin and good luck investing!
Podcast Guest on Show #121
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