Baltimore, MD · Member since 2015 · 4 posts · 5 votes
Hello bigger pockets family My name is LaShae ' I'm studying to become a real estate investor. By studying I mean reading books, reading blogs and watching videos. I want to start wholesaling houses in my city Baltimore Md. I'm currently building my buyers list. Do the bigger pockets family have any advice for a newbie from Baltimore ?
Welcome to BP @LaShae Milan. There are a ton of investors on bigger pockets from the Baltimore area and yes, you will find plenty of good advice.
I suggest you check out some of the invsting groups in the area. MDREIA, MAREIA, Balt REIA and my favorite the BWI Meetup. Google should find all of them.
Welcome to BP @LaShae Milan. There are a ton of investors on bigger pockets from the Baltimore area and yes, you will find plenty of good advice.
I suggest you check out some of the invsting groups in the area. MDREIA, MAREIA, Balt REIA and my favorite the BWI Meetup. Google should find all of them.
Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice. And you get the benefit of having over 100 past ones to catch up on.
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
There is ALOT of information on BP, which can be overwhelming for a new investor. First, I would figure out how you want to make money - buy and hold, flipping, wholesaling, etc. Once you narrow that down, it will be a lot easier to navigate so you can FOCUS on the strategy you believe you will be passionate about (to keep you going) and build the wealth you envision for yourself and your family.
Personally, I am a buy and hold investor for cashflow (making money immediately, not long term), and I try to buy properties in the range of 11k-50k. I share my strategies on doing that successfully, as well as the pitfalls to avoid, and its a bit controversial but we have our own little community here in BP of those who've done it successfully. If that's what your interested, feel free to look at all the freely available video tutorials, and good luck! I definitely prefer buy and hold due to the monthly rental income as well as the long term wealth building - but as steady as it is, its not always as sexy as the new "easy to make money in real estate investing" strategies out there with flipping, notes, etc.
Welcome!! I'm a newbie investor in Baltimore. Landed my 1st investment property (duplex) and found my first tenant. Reach out if I can assist in any way.
Ned is right, attend REIA's, your timing is great because the MDREIA is tomorrow, Tuesday at 7 PM, at 6721 Harford Rd., Baltimore. Admission is free. The speakers will be discussing commercial real estate and text sales.
But be warned and be careful some of the REIA's will upsell you useless material. Keep your wallet in your purse.
Hello bigger pockets family My name is LaShae ' I'm studying to become a real estate investor. By studying I mean reading books, reading blogs and watching videos. I want to start wholesaling houses in my city Baltimore Md. I'm currently building my buyers list. Do the bigger pockets family have any advice for a newbie from Baltimore ?
Hey LaShae! Baltimore is an awesome for wholesaling. You should definitely attend the Real Deal meetup 2/27/2016 at the Towson University Marriott as well as Baltimore REIA 2/18/2015 Sheraton Towson, 903 Dulaney Valley Rd., Towson MD 21204. You can network with a lot of investors actually DOING the business. I will be at the Real Deal meet up for sure and can point you in the direction of some great wholesalers.
Welcome to BP LaShae! The Baltimore REIA is a good one that I attend! Do you have any idea what you want to start out with ie. wholesaleling, buy and holds, flips?