Help: Blueprint to get started.

[Brian Faulkner]

New member looking to get smart on buy and hold investing. Reading though all the other threads that are similar I plan to focus on the following.

• Read ultimate beginner guide
• Don't spend any $ on "Gurus"
• listen & learn from all the bigger pockets podcasts
• Get Real Estate licence for access to MLS and to write my own offers.
• Develop business/investing Goals & plan.
• Read books
• Read the forums, ask questions, and build relationships.

I currently live in California, but I grew up in the state of Indiana. I am interested in buying rental properties in Indiana as I know most of the areas very well. 

A couple questions that are not clear to me. 

• How does one get access to the MLS once you have received your license from the state?
• If you are licensed in one state can you apply for MLS access in different states (if they don't offer reciprocity) or would i also have to get licensed in the 2nd state just to get MLS access for that area? (California / Indiana)

If you have any additional tips or advice that I have left out, educate me please! 

[Shawn Holsapple]

Welcome @Brian Faulkner !

As mentioned above, you will need to contact the State you want to gain access to.  Some are easy, others are not.

Either way, you probably will have to take their test as part of the process.

It sounds like you're on the right track with your list!

I would strongly suggest looking into Indiana as a place to own - since you are from here & the rest of the planet loves our back yard to invest in.

- it's always good to see another Hoosier utilizing this great site!

Of course, you need to read The Ultimate Beginners Guide to REI here on BP

If you haven’t already, please read/listen to these books ASAP!

Rich Dad Poor Dad

Rich Dads Cash Flow Quadrant

Rich Dads Increase your financial IQ

The Real Book of Real Estate

The ABC’s of RE Investing

The ABC’s of PM

Rich Dad RE Tax Advantages

The E-Myth

The 4 Hour Work Week

http://flip2freedomacademy.com - free e-book

Flip2freedom episode 77[http://www.flip2freedom.com/a-3-step-formula-to-a-successful-balanced-and-insanely-profitable-2012/] - podcast - LISTEN TO THIS TODAY!

BiggerPocketsPodCast

Wholesaling101 You Tube Channel

Kent Clothier – You Tube Memphs Invest channel