newbie from st. paul minnesota

[Jon Rylander]

I am new to this site and new to real estate investing. I have a house that I'm flipping right now and hopefully it will be on the market by june 1st. I am partnering with my parents and splitting the profit 50/50 I plan to put my profits towards a down payment on a rental property. I read the article of how to make a million in real estate and I would like to follow that as much as I can. My goal is to make a million or have it in equity in 10 years. Do you guys have any advice or tips? what do you think about the "how to make a million in real estate investing" article?

[Paul Timmins]

@Jon Rylander

Welcome. Fill in 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.

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.

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

http://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-book

Good Luck

Paul