New real estate investor in Texas

13 Replies

Originally posted by @Jim D. :

I am a new investor starting out in Texas.  Excited, but nervous.

Hello and welcome!  I have at least one friend that lives in Allen.  I am 59 years old and I found BP and I am still learning.  I graduated from North Texas with a business degree with emphasis on real estate and I got my broker license in 1980.  Regardless of my degree I felt more comfortable in the construction business.  I have been in the construction business since I was 17.  If you think I can help you please contact me at any time.  Good luck!

Jim, 

Welcome to BP. Check out the podcasts if you haven't done so already. Great content there and elsewhere throughout the site.

Good luck. Feel free to reach out and ask questions.

Alex

Welcome @Jim D. to the Bigger Pockets community.

This is a good place to learn and network about real estate investing. Check out the resources under the "Education" tab above.

What are your interests? (single family, multi-family, buy and hold, flip...?)

@Jim D.

Welcome to the vibrant BP community. Ok, now that you have taken your initial step, below are some quick links to get engaged.

Since you never mentioned a niche of interest, below, are three links for your review and selection of one or all.

http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property)

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

https://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/ (Ultimate beginners guide to wholesaling)

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 can be very daunting, but, before you go searching for that 1st buy, please take a few minutes to bone up on the tips in link below.

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

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 REI)

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)

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.

Thanks everyone for the warm welcome!  

I am looking at buy and hold, starting with SFR, but open to possibilities as I gain experience. Thanks for all the helpful links and suggestions.

Originally posted by @Jim D. :

Thanks everyone for the warm welcome!  

I am looking at buy and hold, starting with SFR, but open to possibilities as I gain experience. Thanks for all the helpful links and suggestions.

Welcome and the great news about a hot Texas real estate market is that there are a TON of free networking events to meet others in the industry and learn! 

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