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Updated about 11 years ago on . Most recent reply
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New Member ... everyone welcome me!
Hello All
My name is Joel. I am from Massachusetts currently residing in beautiful Connecticut. I am a young professional looking to get a jump start on the real estate game! I have always been interested in real estate and always wanted to own multiple properties by the time I was 30. I am 25 now so I guess I need to get started!
Currently I am in the market for a multi-family property in or around the city (Hartford). I have read that section 8 housing can be a gift and a curse, but that there are a LOT of positives to renting to section 8 tenants. It is my plan to get started with a foreclosure property with minimal to moterate renovations needed. It it my plan to build on my small amount of capital with a first property carrying low enough mortage costs to double my money from one rental, with the potential for two or three.
But what do I know? I am very green to this whole process and hope I am on the right path! I am eager to meet and learn form others, so feel free to connect with me!
Sincerely,
Joel
Most Popular Reply
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- Specialist
- Rockland, MA
- 2,248
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Welcome.
Check out the Start Here page http://www.biggerpockets.com/starthere
Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.
Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice. And you get the benefit of having 40 past ones to catch up on.
Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet wholesalers who provide deals and rehabbers.
Two Great reads, I bought both J. Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbook
Consider checking out HUD homes for small multi's owner occupied gets first crack.
Good Luck
Paul