Newbie from Bayside New York

[Shaun Wang]

Hi BP Community,

I'm 26 and new to real estate investing. So far I have done some invest in automobiles while I was still in school, it didn't help me to make fortune but I had my share. It's been half years now since I graduate from Columbia University with an engineering degree, my job now is more focus on marketing.

I was thinking about starting with a rental properties (Duplex or Multifamily House) around my neighborhood in NY or nearby states, the market could be very tough for a newbie like me, everybody in BP community did a good job helping people with their investment. I'm glad to be part of the big family.

[Paul Timmins]

@Shaun Wang 

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 100 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.

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