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Updated over 2 years ago on . Most recent reply

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8
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5
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Devin Doherty
  • New to Real Estate
  • Auburn AL
5
Votes |
8
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Hi, we're Devin and Luca from Auburn Alabama!

Devin Doherty
  • New to Real Estate
  • Auburn AL
Posted

Hi, we're Devin and Luca from Auburn Alabama. We are a husband and wife team working 2 full time jobs and trying to start a family, so this is the perfect time to start something new right? Real estate investing was recommended to Devin by a college and it looks very interesting to both of us. So now we're trying to learn as much as possible and are looking to find our niche. Currently we think land is pretty cool and we have also thought about flipping some trailers. There are plenty of both around here. We would like to move into buy and hold in the future but we are not ready yet. Devin does a ton of driving for work and would like to get her real estate license. We initially were thinking to do some investing close to home in Alabama or Georgia to get our confidence up and then branch out. Since we are both going to keep our full time jobs for now, what we learned on the podcasts about notes is also attractive as a hands-off option. We are super grateful for the BiggerPockets community and podcast for making it so easy to learn and grow!

Most Popular Reply

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506
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404
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Jody Schnurrenberger
  • Investor
  • Asheville, NC
404
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506
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Jody Schnurrenberger
  • Investor
  • Asheville, NC
Replied

Welcome to BP!  I'm originally from Auburn, though I'm going to school in CA at the moment.  You seem to have some good ideas.  Though do look more into whether Devin should get her real estate license.  Check out the forums here regarding that.  If she's not looking to become an agent, while there are benefits, there are also drawbacks, as I understand it.  I think the biggest is maybe that you have to disclose that she's an agent when buying and that may turn some people off.  You can always buy directly from a seller using a lawyer if they don't already have an agent, so no agent is required.  Since she won't be working in an agency (I assume), she won't be getting 1st knowledge of upcoming deals.  She'll learn a lot of legal stuff, but as I understand, it's mostly about contracts and stuff, not so much about how to choose a good property.  Anyway, be sure to research that before spending the money.  Or maybe she can take the class and not take the license exam.  That way she has the knowledge, for whatever it's worth, but doesn't have to disclose that she's an agent since she's not...just a thought.

Anyway, whatever you all decide to do, good luck and welcome to BP!

  • Jody Schnurrenberger
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