Newbie from Memphis, TN.

6 Replies

Hello all! I am glad that my buddy referred me to this site and I am looking forward to learning a ton. I am from Houston, TX but have been in Memphis for the past three years and this is where I started my real estate investing. I currently own two single family homes and one condo and I plan on buying at least one house a year to make my retirement nice and comfortable. Let's all make a bunch of money together! 

Originally posted by @Curt Davis :

Welcome to BP!!  Where in Houston did you live?  I lived there for 1 year before moving here. 

 Curt, I lived several places; Pearland, Fulshear and then Spring. I wish I would have been accumulating properties there years ago. Oh well, I am in one of the best rental markets in the country now so better late than never. 

@Steven Gillmer

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 

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