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Updated over 7 years ago,

User Stats

20
Posts
7
Votes
Rick Wang
  • San Gabriel, CA
7
Votes |
20
Posts

Standing at the end of the dock, got my toes in the water

Rick Wang
  • San Gabriel, CA
Posted

Hi BP members

Very glad to join the BP community.  I'm fairly new to the real estate market.  For the last couple of months, I've been reading books, articles, forums, watching videos, podcasts, attending webinars, and live foreclosure auctions.  I have learned a lot so far, I especially enjoy the real life experiences and discussions that the BP members share on the forums.  

As you can see in my profile picture, it feels like I've been slowly walking on the dock and now I've reached the end of it.  Though there's a lot more to learn on real estate investing, it may be time for me to jump in.  I remember a phrase in one of the books I recently read, it goes something like this, "Many opportunities missed by standing still."

I am looking into doing flips just outside of my area(Los Angeles), in the neighborhoods of Ontario, Fontana, Rialto and vicinity.  Anyone working in that area, I love to hear what's working and how the numbers are working out for you?  

As for me, my goal may be to take my time to find that good deal, or perhaps go below asking price (10-30%) to make the deal right for me.  I know that may require time.  If there's a local real estate agent that works in the area and has the patience to help me put the right numbers together, let's meet up.  There's a potential property I'm interested in, would like to see the inside.  

Thank you for spending your time reading this long post.

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