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Updated almost 11 years ago on . Most recent reply
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Beginner investor located in Altus, Oklahoma
Good Day All,
I just want to start off by saying I'm extremely happy to be a part of the Bigger Pockets community, and I'm very anxious to start interacting with the wide range of different investors that contribute so much knowledge to the site. My name is Isaiah Burnside, sad to say I have had limited interactions with real estate up to this point. Investing in real estate caught my attention earlier this year, and I can’t wait to expand my knowledge on all its aspects. I am originally from Illinois, about an hour outside of Chicago. I currently reside in Altus, Oklahoma. I ended up in America's Bible belt because the Air Force transferred me here. I have only been a resident of Oklahoma for a few months now. I spent the last 7 years overseas traveling from Germany to Korea to Japan and ending up in Oklahoma. I will only be stationed in Altus until November of this year due to my separation from Active Duty, and my transition into the Reserves. My goal for real estate at the moment is to get over the ever-dreaded first step towards taking initial actions. I joined Bigger Pockets to help get over that fear by gaining knowledge from seasoned investors, along with interacting, and bouncing ideas back and forth between other members. I would like to purchase and sell 3 to 4 single-family homes to generate a decent nest egg to shift my ambitions towards the buy and hold approach of investing. Well, there you go that’s a little bit about myself, where I’ve been, where I am, and where I want to go with real estate.
Most Popular Reply
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- Specialist
- Rockland, MA
- 2,248
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Welcome. Thanks for your service. Time to build the foundation below.
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 60 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 wholesalers who provide deals and all the cash buyers (rehabbers) you will need.
Consider checking out HUD homes for small multi's owner occupied gets first crack.
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.
Download BP’s newest book here some good due diligence in Chapter 10. Real Estate Rewind Starting over
Good luck
Paul