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Updated over 10 years ago on . Most recent reply

User Stats

10
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3
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Michael Cornell
  • Investor
  • Allentown, PA
3
Votes |
10
Posts

Newbie Allentown, PA

Michael Cornell
  • Investor
  • Allentown, PA
Posted

Hi everyone. I'm from Allentown, PA. I have been interested in real estate for a number of years. I am looking to learning boat loads form BP. Hopefully 1 day I can help others as well. I have flipped 1 property before. I took a loss. I didn't know what I was doing and did no research.

So here I am back at it again. My goal is to have rental units. That is my retirement goal. I currently have a home improvement business. So that knowledge with hopefully help this time around. Any advice from anyone is greatly appreciated.

Talk to you all soon.

Mike Cornell

  • Michael Cornell
  • Most Popular Reply

    User Stats

    7,730
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    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

    @Michael Cornell @Dave Lin 

    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 over 90 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 Costs http://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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