New to BP

6 Replies

Hey Everyone,

I am a new investor and wanting to break into the wholesale industry in the Atlanta market. I wanted to know if any local investors could give me some advice in this business as far as a newbie. I haven't attended a local reia event. I appreciate your response in advance. Any information would be helpful

Eric, welcome to BP, the best and only RE investing resource you will ever need. There are some great posts, blogs and a few superb pod casts here about that exact subject. You will need plenty of time to review and see how you want to move forward. You're also in an area where great deals can be found. Best of luck with it.

@Eric Hubbard  

Welcome. Atlanta is #4 on the Top 10 markets in the US for student housing. 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 90 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.

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

Consider checking out HUD homes for small multi's owner occupied gets first crack.

You might consider Niche or Specialized Housing like student housing. Rents can be 2-4 times more. Remember you don't have to own a property to control it.

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

Hi @Eric Hubbard and welcome to BP! One advice that I use is having a strong "why". When things get tough or don't go your way, this why will pull you through. Most people say money is their why but there is usually always something more than that. Read and listen as much as you get and learn the basics well. See you around!

@Cuong Le Thanks for the tip

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