Rental Property Investor · Norfolk, VA · Member since 2016 · 90 posts · 26 votes
Hey guys, I'm Rob from the Norfolk, VA and I am brand new to real estate investing and currently looking for avenues to get started. I retired from active duty in 2011 and went to work on a regular desk job and I've realized this is not for me. I have just put together a package to start my LLC and have gather a team of 2 realtors and an awesome contractor and I'm eager to get going. I want to build a portfolio of flipping single family homes in the Hampton Roads area of VA but I also travel a lot to Lexington, SC so willing to do deals around that Columbia, Cayce, Lexington area as well. Currently looking for a reliable hard money lender to do some of these deals. I'm willing to put some of my own skin into the deals so you know I mean business. PM if you feel more comfortable but I'm 100% smarter after being a member of BP than before I started so thank you all. Any help towards a reliable lender would be highly appreciated.
You've probably already done some of this, but since you're new to the site, here are a few tips to help you get the most out of BP and kickstart your investing career:
Start here. You'll get a wealth of REI knowledge and learn how to take full advantage of Bigger Pockets (including how to connect with other local investors).
Listen to the podcasts , get active on the forums & set up key word alerts to be notified when people are discussing topics you're interested in.
Check out the webinars, they are very informative, and there’s usually a new one every week.
Lastly, I would suggest that you consider partnering with an experienced and reputable flipper in your area on your first deal or two. Maybe you bring the capital via your own cash combined with a hard money loan, you figure out a profit split and in return you get first hand experience flipping a home.
I wish I had started that way, it would have saved me A LOT of headaches and money.
You've probably already done some of this, but since you're new to the site, here are a few tips to help you get the most out of BP and kickstart your investing career:
Start here. You'll get a wealth of REI knowledge and learn how to take full advantage of Bigger Pockets (including how to connect with other local investors).
Listen to the podcasts , get active on the forums & set up key word alerts to be notified when people are discussing topics you're interested in.
Check out the webinars, they are very informative, and there’s usually a new one every week.
Lastly, I would suggest that you consider partnering with an experienced and reputable flipper in your area on your first deal or two. Maybe you bring the capital via your own cash combined with a hard money loan, you figure out a profit split and in return you get first hand experience flipping a home.
I wish I had started that way, it would have saved me A LOT of headaches and money.
Thanks for the insight and helpful information. I've done my homework just having a hard time finding private/hard money lenders. Will continue to look/network/search. Again highly appreciate all the information as it is critical when starting out.
Hey Rob! I'm Craig from Cayce SC, and a real estate agent in Lexington. I will PM you my contact info. I have a contact you might be able to work with. And I'm 100% smarter after finding this place as well!!!
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 Here you will meet HML's
Download BP’s newest book here some good due diligence in Chapter 10. Real Estate Rewind Starting over
Hey brother. My name is Mario, I'm active duty Navy making the transition to civilian life using real estate as my path to financial freedom. I am a wholesaler looking to grow my network by meeting local flippers who are in the market for a great deal.
Thanks for your service and welcome to the site. I was stationed in SC on the coast and have contacts for that area if your ever interested. Best of luck to you in the next chapter of your life.