Construction Professional New to Real Estate
Hi Everyone!
I'm James. I'm a construction professional who has been in the electrical industry since 2001 and in the Seattle area since 2013. I'm just beginning to dive into the vast world of real estate investing, and I'm extremely eager to work my first deal (mainly interested in wholesaling, since it seems like a natural entry point). However, I'm really having to hold myself back in order to make sure I'm prepared to do things the right way and sustain my efforts. That being said, I'm right out of the chute and I've been reading like a man possessed and listening to every podcast I can get my ears on.
Some of the books I've read so far or am in the process of reading:
Quit Your Job in 19 Weeks or Less: The Ultimate Real Estate Investing Blueprint - Sean Terry
What Every Real Estate Investor Needs to Know About Cash Flow - Frank Gallinelli
Confessions of a Real Estate Entrepreneur - James A. Randel
The Book on Investing in Real Estate with No (and low) Money Down - Brandon Turner
The podcasts I've been addicted to:
Bigger Pockets (obviously)
Flip2Freedom (Sean Terry)
Nice to meet everyone, and good luck out there!!
=James=
Most Popular Reply
Look at all kinds of properties, Listed properties,open houses, Wholesalers deals, leads fro your own marketing, other investors deals - stop at every property you see being renovated, auctions - not just foreclosure auctions but public auctions where you can go inside and inspect the house.
The goal is to learn how to evaluate deals and to learn the expectations of the market. What are investors wiling to pay- go to auctions, What level property do tenants expect when renting - visit other investors properties, What level renovation is necessary for home buyers - open houses and other rehabbers completed deals.