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Updated over 10 years ago on . Most recent reply

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JoJo Diego
  • Dallas, TX
15
Votes |
57
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Newbie in Dallas, TX

JoJo Diego
  • Dallas, TX
Posted

Hi all,

I’m JoJo originally from San Diego and now loving life here in Dallas. I’m a young (under 30) IT professional that specializes in analytics (data migration, marketing, financial, etc.). I’ve always been eager to learn and genuinely enjoy learning new things. This topic definitely sparked my interest and now I can’t seem to put the books (or my ipad) down. I don’t have any background in real estate (I’m a blank canvas) but am hoping to change that.

As far as what turned me onto Real Estate, the idea hit me while reading “Rich Dad, Poor Dad”; I realized I was stuck in the “rat trap” and I want out. Before then I’ve never thought about real estate – always thought it was too complicated, out of my scope, and extremely risky.

My goals are to learn and not be so afraid of the idea and eventually I want to own a handful of properties. I recently began dipping my toe into reading about real estate and getting familiar with the lingo. Next, I want to meet other like-minded people who don’t mind teaching and taking a noob under their wing.

I look forward to learning more, thanks!

Most Popular Reply

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

@JoJo Diego

Welcome. Your profession should be the source of all the private money you will need. 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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