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Updated almost 10 years ago on . Most recent reply
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Beginner in Dallas, Tx
Hello all - I have been soaking up tons of info here on BP for a couple months now and have listened to many of the podcasts and would like to start by thanking BP and all of you investors for taking the time to teach, help, and advise all of us beginners. This community is incredible!! I have learned so much and am ready to jump in and change my and my family's life through real estate. I still am working a full time job but have been spending every extra moment possible reading and learning all that I can. I can say without any doubt that this is what I want to do, this is what I am going to do!!
I have always loved the idea of flipping (rehabbing) and have recently learned about wholesaling (and loving it as well). Planning to start with wholesaling, and once I have some cash reserves saved up, start keeping the good ones for rehabbing myself. And eventually get in to some buy and hold. Still learning but am focusing all on wholesaling right now until I have it mastered.
I also started driving for dollars and looking up the properties I've found on the county appraisal site. Now I am getting everything in order and prepared to start sending mailers (planning on starting with handwritten yellow letters). I guess I should wrap this up, I apologize for the length of this post.
I can't wait to start talking with all the BP community, and to start meeting with some fellow Dallas people!! I am going to my second reia this upcoming Thursday, going to check out the NTAREI (if anyone in dfw area will be attending, please let me know so we can meet and talk). Thank you for taking the time to read my intro and any advice is greatly appreciated!
Most Popular Reply
Welcome to BP. There are many resources here, most of them dedicated to REI. Wholesaling is a good way to raise capital for future investing. It will also get you networked to people in the local area.
My advice is, keep your eyes open. It's easy to jump ahead to solutions and not do the hard analysis of studying the problem first to arrive at a solution that correctly answers the question.
Write down your goals and then back up to ask yourself why each goal is important. Write those WHYS down too and see if your goals are the best ones for the problem that you are wishing to overcome. If you do that, your path will be easier because it will be timeless.
May the odds be ever in your favor.