flipping

3 Replies

@Jessica Smith you really should try navigating this website a bit before posting this kind of question. It's been asked and answered hundreds of times! ;)

Best thing I think I've done so far was purchase the book on flipping by J. Scott and the Estimating Rehab costs also by J. Scott.

Follow webinars on this site, and just read any forum or blog post that you can relate too. The amount of information on this site is beyond huge.

Good Luck!

welcome jessica,

you don't NEED a real estate license.  some people prefer to have one for flipping.  That question alone is covered through pages of debate on this site.  To get started I would browse the site a bit and remember to keep it as simple as possible don't make it something bigger than it is.

@Jessica Smith

Welcome to the BP community, where you will find like minded individuals committed to REI and also helping others succeed.

You expressed an interest in flips and as such I added the guide below for your review.

http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (step by step guide to flips)

Your time on this social media site will be well spent.

You have taken the 1st step by announcing your readiness and commitment to embark on a REI career.

Whether you pursue, wholesale, rehab & fIip or buy and hold it's up to you to decide.

The bottom line is that you must take action to start.

Don't get bogged down with analysis paralysis. You must take risks, but, ensure that they are calculated risks.

Below are some links to get you started.

https://www.udemy.com/biggerpockets-real-estate-investing-course/ (video with 64 lectures and approx 6hrs of material)

https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)

REI books suggested by BPers

https://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)

http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?utm_source=search&utm_medium=internal&utm_campaign=books (books recommended by BPers)

Before making your 1st REI purchase please visit the link below for some useful tips

https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/

Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.

Feast on the Podcasts, #askbp Podcasts, blogs and webinars

Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

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