Newbie Located Between Detroit and Ann Arbor, MI

[Todd Chartier]

Hello BP, 

My name is Todd and have been checking out BP for a couple weeks now and I am loving this site and wish I would have found it years ago. I am new the REI world and still gearing u up to pull the trigger on my first deal. Its like I can not get enough information on the entire process.

Right now I am in my learning stages and working to establish my business and finalize my plan.  I plan is to start 2015 with a bang in wholesaling to start. Once I get to the point where I am making enough deals wholesaling I want to break into rehabing and grow from there.  

I plan to start this new venture in mine and my families life all while still working very demandiing full time. My personal goal and commitment to my family is to be successful with my REI venture to stop working for "the man" and building my families future myself.

With all that being said I am here looking to learn and gain knowledge from those experianced in REI. Also looking to network with local and out of state investors…

I am looking forward to get to know all of you 

Todd     

[Paul Timmins]

@Todd Chartier 

Welcome. Fill in the foundation below.

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

Couple good reads 

• 9 Reasons You Couldn't Find A Buyer For Your Wholesale Deal
• Don't Start Wholesaling Until You Read This: Wholesale Advice from a Fix and Flipper
• How to Start Wholesaling: Getting Past The Education and Into the Field

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