I am new to REI, and currently in the research stage. I am trying to learn as much as I can about buy and holds, and managing rentals.
I was a builder/contractor from Ontario Canada. We sold everything to travel full time in an RV. We have been to 40 states and counting. I travel with my wife, our 8 yr old son, and our bulldog Griffin. We would like to start doing more international travel and the need for passive income has lead me back to real estate.
I decided to start doing research in order to avoid making the same real estate investment mistakes I made years ago(Like jumping in with both feet without knowing the ARV🤦).
I discovered the BP podcast and started absorbing all the earlier episodes. I have since come to the realization that I previously knew absolutely nothing about how to do this and what an amazing resource BP is!
We are currently in Florida, one of our favorite states! We are considering investing in our first property here. We would like to start with a four plex that we would buy and hold.
Being relatively new to real estate and the US I am trying to learn as much as I can about financing, being a landlord, and property analysis.
I am hoping to network and learn from experienced investors. I am happy to help anyone with any construction related questions to pay it forward.
looking forward to being part of this community,
Welcome to the BP family! Glad you joined the best real estate investing website! Here are some recommendations for you:
Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/users
Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts
Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing
Check out BP Podcasts: https://www.biggerpockets.com/podcast
If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box. He or she will be notified of being tagged so that the conversation will continue.
Wishing you the best!
Thank you for the tips@Dmitriy Fomichenko
Hey @Shawn Leclair ! Welcome to BP, and to Clermont! I'm in Minneola. The area is growing rapidly and there is a ton of opportunity all throughout Lake County. Multi-Families aren't necessarily scarce, but they are hard to come by listed traditionally on the MLS. You may need to go Off-Market unless you're willing to wait for some to get listed. Anyways...reach out with any questions. Would be happy to share what I've learned about the area!
Thanks for the feedback @Brandon Reed ! I was starting to think the same thing.
I see you host a real estate podcast, what a great way to learn from others. I will definitely check it out! I do a lot of driving and love listening to podcasts. That's how I discovered BP.
Do you have any suggestions on where to look for off market multi families? We have done some driving for dollars and considering sending out some mailers.
Thanks again for reaching out, I really appreciate it.
Mailers are still the most effective off-market strategy I've found. There are a lot of downsides to it, I know. But it seems to still be the best way to get to people who haven't listed their homes (unless you get pretty sophisticated with Social Media. There are some solid options there if you really know what you're doing).
Free eBook from BiggerPockets!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you