Hello from a newbie investor

[James Matuschka]

Hi everyone! Wanted to introduce myself. My name is James, and i am just beginning my real estate investing adventure. I'm from Baton Rouge Lousiana and that is where i will be investing. I currently own a home and live in Glenwood Springs, Colorado. My plan is to take out a HELOC in the next month so that i have cash on hand when the right deal pops up. I have been binge-listening to bigger pockets podcast starting with episode 1. Right now im on episode 14 and im hooked. Im wondering if this is the logical way to start learning since those episodes are 10 years old... probably not as relevant as the current ones, but they sure are enjoyable. Thanks Josh and Brandon!

Cheers!

James

[Blake Hernandez]

Before you start having to pay interest on a HELOC I would recommend you have everything else in place. I have no ideal what your financial situation looks like but make sure you have reserves of cash as well just incase things do not go as planned. There are always more expenses and they are rarely cheap. Make sure you have a good realtor, PM and even a handyman.
      I am from Baton Rouge myself and had rentals there but sold them as neighborhoods declined.  The property I kept in Louisiana is in a small quiet one street neighborhood.  
Just make sure you know the area you invest in and what direction it is headed.  
Best of luck!