Beginner REI in RDU area

[Shaun Draughn]

Hello everyone,

My name is Shaun Draughn, I am new to this site and new to REI but I have always had a large interest. Therefore I am looking to connect and network with fellow investors, mentors, HMLs and RE groups in the RDU area to strenghten my knowledge and skills in this realm.

My interest are in flipping, buy and hold, and wholesaling. I actually have my first property under contract as we speak. Although I am new to this I have been fortunate and blessed to have played in the NFL and now be afforded the free time to research, read books, audiobooks and attend seminars you name it I have tried to get my nose in it. I have the mentality that I want to hit the ground running and learn on the go. Any help, direction, and suggestions are most certainly welcomed and appreciated.

[Paul Timmins]

@Shaun Draughn

Welcome. Your former profession should be a supply of all the private money you will need.

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 50 past ones to catch up on.

Two Great reads, I bought both J. Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbook

Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet fellow wholesalers and all the cash buyers (rehabbers) you will need.

You might consider Niche or Specialized Housing like student housing. Rents can be 2-4 times more. Remember you don't have to own a property to control it.

Check out these great reads,

• 9 Reasons You Couldn't Find A Buyer For Your Wholesale Deal
• Don't Start Wholesaling Until You Read This: Wholesale Advice from a Fix and Flipper
• How to Start Wholesaling: Getting Past The Education and Into the Field

Good luck

Paul