Rookie from Louisville, Kentucky

9 Replies

Hey guys, my name is Jeff McMahan and I am currently a Project Manager for a Healthcare Contractor based out of Louisville, Kentucky. Like most of you, I am sick and tired of the corporate rat race and I am determined to get out of the race! My goal is to be a full time RE investor by 2017 (or sooner!). I am interested in wholesaling, flipping, and buy/hold real estate (single or multi-family). Currently I am seeking properties in the Louisville/Lexington market. I look forward to connecting with the BP community.

@Jeff McMahan

Welcome to the BP community, where you will find like minded individuals committed to REI and also helping others succeed.

You expressed an interest in multiple niches and as such I added some links of interest below.

http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (step by step guide to flips)

http://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/?utm_source=search&utm_medium=internal&utm_campaign=wholesaleguide (step by step guide to wholesaling)

http://www.biggerpockets.com/renewsblog/2014/07/19/how-to-buy-a-duplex/ (guide to buying a duplex)

Your time on this social media site will be well spent.

You have taken the 1st step by announcing your readiness and commitment to embark on a REI career.

Whether you pursue, wholesale, rehab & fIip or buy and hold it's up to you to decide.

The bottom line is that you must take action to start.

Don't get bogged down with analysis paralysis. You must take risks, but, ensure that they are calculated risks.

Below are some links to get you started.

https://www.udemy.com/biggerpockets-real-estate-investing-course/ (video with 64 lectures and approx 6hrs of material)

https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)

REI books suggested by BPers

https://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)

http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?utm_source=search&utm_medium=internal&utm_campaign=books (books recommended by BPers)

Before making your 1st REI purchase please visit the link below for some useful tips

https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/

Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.

Feast on the Podcasts, #askbp Podcasts, blogs and webinars

Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

@Jeff McMahan

Welcome to Bigger Pockets. If you have time consider spending 30 minutes for 30 consecutive days on Bigger Pockets. You will receive an Addict award along with a habit; as well as learning and retaining useful real estate information without struggling.

We are considered to be the average of the 5 people we spend the most time with so connect with REIA meetings, accountability partners, and mastermind groups to engage with individuals interested in real estate investing.

At the bottom of this page is a list with help in it. Click on help. You will see answers to questions that you didn't even think of.

Looking forward to sharing insights with you in the forums.

                            Enjoy as you prosper.....

Originally posted by @Linval T. :

@Jeff McMahan

Welcome to the BP community, where you will find like minded individuals committed to REI and also helping others succeed.

You expressed an interest in multiple niches and as such I added some links of interest below.

http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (step by step guide to flips)

http://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/?utm_source=search&utm_medium=internal&utm_campaign=wholesaleguide (step by step guide to wholesaling)

http://www.biggerpockets.com/renewsblog/2014/07/19/how-to-buy-a-duplex/ (guide to buying a duplex)

Your time on this social media site will be well spent.

You have taken the 1st step by announcing your readiness and commitment to embark on a REI career.

Whether you pursue, wholesale, rehab & fIip or buy and hold it's up to you to decide.

The bottom line is that you must take action to start.

Don't get bogged down with analysis paralysis. You must take risks, but, ensure that they are calculated risks.

Below are some links to get you started.

https://www.udemy.com/biggerpockets-real-estate-investing-course/ (video with 64 lectures and approx 6hrs of material)

https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)

REI books suggested by BPers

https://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)

http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?utm_source=search&utm_medium=internal&utm_campaign=books (books recommended by BPers)

Before making your 1st REI purchase please visit the link below for some useful tips

https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/

Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.

Feast on the Podcasts, #askbp Podcasts, blogs and webinars

Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

 Thank you for the great advise!!!

@Jeff McMahan Welcome, both Louisville, Lexington and in between are good for real estate depending on your goals. In KY -  Louisville Lexington and Frankfort are locally called the "Golden Triangle of Kentucky". One of the nice things about our area is that while increases in values as a percentage are lower than a coastal state, you also don't see the large swings in values and prices. 

Good Luck!

Hey Jeff, are you related to a McMahan that is on the Louisville Fire Dept. I'm pretty sure he has the same last name. Anyway how have things been going for you....are you any closer to your goal, I hope so. Keep at it! 

Jeff if you haven't yet join KREIA it's local and great way to get education and connections in the Louisville area. I'm a local wholesaler if I can be of any assistance don't hesitate to contact me. Good luck.

Hey Jeff,

Welcome to BP and real estate investing.  I've been real estate investor for 8+ years and also licensed Real Estate Broker.  I'd be happy to chat with you about some opportunities here as well as point you in the right direction with any questions you might have....

Thanks!

Drew Perkins

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