Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago on . Most recent reply

Newbie learner looking for advice
Hey BP family!
I have been trying to learn as much as possible the past month or so to try and get into REI. At the moment I walk for my job so I have about 8 hours or so a day and all I do is listen to the BP podcast and I love it! That soon may change into a position where I might not have as much time to listen (besides my hour commute). I want to be able to start analyzing properties near me (Lakewood CA) but I am having a hard time figuring out rehab costs on properties on the MLS. I want to get as much practice as I can in before I begin to start making offers. I am eager to get started but do not want to rush into it without the proper foundation. The problem is the job that I plan to transfer to in a couple months, has a lot of overtime potential and I want to take full advantage of it to build my capital but I am not going to have as much time to analyze and potentially walk properties. And as far as ARV calculations, how do you estimate that without a RE agent?? I don't want to waste their time right now cause I want to learn for a few months before diving in. Can I do that on my own accurately??
Thank you in advance for any responses!
-James