New member in LA, grateful for this network of investors.

[Clarke Cuthbert]

 Hello, and thank you to everyone who is a part of this site!  I am a 25 year old newbie in Los Angeles (from Chicago) and have become passionate about the idea of owning real estate.  I want financial freedom and prosperity, allowing me to live exactly how I want along with those I love.  I want the ability to make a positive difference in the lives of others who are less fortunate than me, and I want to provide quality living situations for good people and their pets.

  I am truly excited for the opportunities to continue learning, meet successful investors, and eventually begin buying real estate.  I do not have any real experience and my knowledge is limited to about a month of reading and videos/podcasts.  I'm prepared to make sacrifices and take risks in order to put myself in a position to succeed.  Unfortunately my credit is poor and I don't have any money to invest.  I am in the process of improving this situation and understand that it will take time to build a network and enough experience to start doing deals.  Right now my main objective is to learn every single thing that I can about what it takes to become a buy and hold investor.  I do not expect something for nothing and am prepared to do whatever I can to add value to the businesses of those who I hope to learn from.  I appreciate everyone who has taken the time to read this post, and am open to any and all advice, information, and opportunities to learn by helping others.

[Paul Timmins]

@Clarke Cuthbert

Welcome.

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 (cash buyers).

Two Great reads, I bought both J. Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbook

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