New player in the game tips?

Question

Hello everyone. I am new to real estate. I would like to know what books or recommnedations you can give to me as a beginner. I really want to learn this business and become the best that I can. My goal is to obtain rental units, secondary goal would be to flip houses and my third goal would be to get into commercial. I have no mentor and know it’s hard to get one. But if I have to learn on my own I want to take the road. Any suggestions on what info I can read about legal and accounting for real estate? I’m working towards getting my real estate license and Have learned a lot. Thank you so much in advance.

Dan Guenther · Answer

@Sarkis G.

Welcome to the BiggerPockets community! No matter where you stand in your real estate investing journey, BiggerPockets is the ultimate resource for all of your investing needs. I’d suggest starting out by networking with as many other investors as possible and be an active participant in the forums.

If you haven’t already subscribed to the BiggerPockets podcasts, do that ASAP. Look for meet ups in your area (virtual), attend free webinars, start reading as much as possible on any and all topics related to investing and real estate. Use the forums to help you search for the answers to all of your questions. If you can’t find your answers, then create your own post!

As for accounting and taxes check out:

Tax Free Wealth by Tom Wheelwright

Feel free to DM me with any questions.

Good luck and get educated!

Justin Windham · Answer

@Sarkis G.

Welcome to Bigger Pockets!

Make sure you check out all that this site has to offer. You will be able to get answers to all of your questions regarding real estate investing, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance from many of the knowledgeable members. Take advantage of networking while sharing your story with all of us.

There are a few self-contained guides that you can access here: https://www.biggerpockets.com/guides

If you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/blog/

Anthoney Hanks · Answer

@Sarkis G Welcome to the Bigger Pockets community! I wish you success as you invest!

Julio Gonzalez · Answer

Welcome to BiggerPockets, Sarkis! This is a great place to learn and to connect with people so take advantage of all the great resources