Closed on my 2nd property!

[Jordan Sutherland]

Hey guys, I'm a new investor in Lubbock, TX!   I'm 23 years old and I started learning about real estate investing about four months ago and I decided to focus on buy and hold investing based on my skill set. I puchased my own home about a year and a half ago and purchased a duplex in July that is currenty rented out. The duplex has been treating me well with good cashflow. Today, I closed on my second property, a single family residence. I got the property for $95,000 and had the seller pay for all wanted repairs before closing. I've been advertising the property online for the past week and already had a few families put in rental applications for $1100 monthly rent. After closing on my first property and reading Brandon Turner's books, I gained confidence in real estate investing! I will hopefully have my third rental unit rented out by next week. I just wanted to let all the other newbies know that with all the great info available on BP, I have been able to start my real estate investing career successfully (so far) and I can't wait to aquire my next rental. It IS possible for beginners to start building wealth with real estate. For all you other newbies out there, you can do it! And once you get over the first hump and get your first property everything will get easier and fall into place. I can't thank the BP community enough for all of the shared wisdom! Good luck out there and God bless!

[Jordan Sutherland]

Thanks for the replies guys! Dakoda, I would first recommend "The Ultimate Beginner's Guide to Real Estate Investing" by BP's Josh Dorkin, which is free on BP or Amazon.  Secondly I would recommend "The Book on Rental Propert Investing" by Brandon Turner. Thirdly, for buy and hold investors, I would recommend "The Book on Managing Rental Properties" by Brandon Turner. You can get the two Brandon Turner books at a good price directly from BP or Amazon. They are worth their weight in gold. There are also several other books out there that are very helpful, but I personnally found these to be the most beneficial to myself. Also, I enjoy listening to or watching all of the BP podcasts every week. There is a wealth of information given out for free each week from Josh, Brandon, and their weekly guests, and they always seem to keep it very entertaining as well.