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Updated about 10 years ago on . Most recent reply
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"Newbie" from Rio Linda, CA
Good Morning,
My name is Anne James and I am located in Rio Linda, CA in Sacramento County where I am purchasing a home. I learned about BP while watching Lisa Phillips’ YouTube videos. Under the category of “interesting about yourself,” my children and I built our home in partnership with Sacramento Habitat for Humanity. In addition to the blessing of a wonderful home and the experience of community during the building process, I participated in several new home constructions. This experience resulted in acquiring new skills while demystifying much of the new construction process. I have joined the BP community to learn real estate investing as I prepare for retirement in about 8 years or sooner. I am currently employed by the State of California. I am interested in buying single-family homes as rental property. Have a wonderful day.
Most Popular Reply
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- Specialist
- Rockland, MA
- 2,248
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Welcome. 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 over 90 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.
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