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Updated about 11 years ago on . Most recent reply
New member from Maryland (Washington DC Metro area)
Hello BiggerPockets community,
I've been reading BP posts and listening to podcasts for the past 12 months. So I guess it's time to dive in. My name is Andrey. I live in Rockville, MD. I am here to learn more about buy and hold, and of course to network. So far I am planning to commit 70-90K.
I'll be looking for several answers before I'll start investing:
1) Need to identify area of investments. Wash DC area is far away from the 2% rule (please feel free to disagree with me. I'll be happy to know that I am wrong). So should I be looking more into Baltimore area? Any reasons to stay invested in Montgomery County.
2) If Maryland area is Ok for investments, should I pursue real estate license?
3) How do you justify less than 2% rule in Montgomery county?
4) I'll be looking to select where should I concentrate (single family, townhouses, condos or multy family)
Looking forward to hear from you.
Thanks,
Andrey
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Hey @Andrey Y. Welcome! You've definitely come to the right place to learn more about investing. If you haven't yet, be sure to check out the The Ultimate Beginner's Guide to Real Estate Investing and The BiggerPockets Podcast. They are both great at learning the fundamentals.
Also - here's a couple articles you might enjoy:
The 21 Best Real Estate Investing Books Ever
How to Rent Your House: The Definitive Step by Step Guide
Oh - and don't forget to set up your Keyword Alerts!
See you around the site!