Newbie from Joliet, Illinois

[Jacob D.]

Hey there! So yes I'm originally from Joliet but I currently live in Southern California. Contrary to what you might think, I actually was forced to move out here due to my orders in the military. I intend to move back to good ol' Illinois once my contract ends. Being in the military has given me the opportunity to save a good chunk of cash, and has me curious on others ways to make money when Uncle Sam and I part ways. Real Estate looks to be my favorite way to provide a "secondary cash flow" as Mr. Grant Cardone would put it. So my reason for being here is to become more knowledgeable in the world of real estate with hopes to one day start investing! Looking forward to meeting the community, have a great day.

Jake 

[Paul Timmins]

@Jacob D. 

Welcome. Thanks for your service. 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