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Updated over 9 years ago on . Most recent reply

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Hoang Vo
  • WEST PALM BEACH, FL
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newbie form west palm beach, Florida

Hoang Vo
  • WEST PALM BEACH, FL
Posted

I am from West palm beach, FL. I have a professional full time job and I am interested in real estate investing. I guess my goal is to eventually work less and still have income from investing. I am brand new to this topic, i figure to start with low single or double condos/townhouse and fixed/flip. I guess the only way to learn new things is to make mistakes, and i like my initial mistakes to not be disastrous. I am renting currently and have not own any previous assets.

I hope to meet new friends in the area, trade experiences and knowledge, and ultimately able to be productive financially in the process.

Hoang Vo

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Paul Timmins#2 New Member Introductions Contributor
  • Specialist
  • Rockland, MA
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Paul Timmins#2 New Member Introductions Contributor
  • Specialist
  • Rockland, MA
Replied

@Hoang Vo

Welcome. The rehab can take 2 weeks, 2 months or 2 years and be quite painful educate yourself avoid costly mistakes. Fill in the foundation below.

Check out the Start Here page http://www.biggerpockets.com/starthere

Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.

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

Two Great reads, I bought both J. Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbook

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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