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Updated over 10 years ago on . Most recent reply

User Stats

31
Posts
17
Votes
Tyson R.
  • Rental Property Investor
  • Salt Lake City, UT
17
Votes |
31
Posts

ANOTHER NEWBIE! Salt Lake City UT

Tyson R.
  • Rental Property Investor
  • Salt Lake City, UT
Posted

Hello Biggerpockets community!

Hi, I'm Tyson from Salt Lake City, Utah and I'm very interested in becoming a real estate investor. I've been a shadow reader for a while now, reading forum posts, blog posts, and listening to the podcast, but it seemed like it was time to introduce myself officially. I have yet to make my first deal but am very eager to learn anything that could help me become successful in real estate investing.

I'm interested in Buy and Hold investing locally and am currently waiting for tax time to hit to apply for a conventional loan and buy an owner occupied duplex, triplex, or whatever deal comes my way. However, I'm also open minded for RE investing and would consider flipping and buy and holds outside of my area. 

I'm currently a full time student and plan on double majoring in Mechanical Engineering and BiggerPockets. I'm very dedicated to my program but that's not going to stop me from beginning my portfolio.

I like skiing, fishing, hunting, hiking and spending time with my wife.

@Joshua Dorkin I've been a big fan of the site. Thanks for the hard work!

  • Tyson R.
  • Most Popular Reply

    User Stats

    7,730
    Posts
    2,248
    Votes
    Paul Timmins#2 New Member Introductions Contributor
    • Specialist
    • Rockland, MA
    2,248
    Votes |
    7,730
    Posts
    Paul Timmins#2 New Member Introductions Contributor
    • Specialist
    • Rockland, MA
    Replied

    @Tyson R. 

    Welcome. Take a good look at student housing see below. 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 over 70 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

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