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Updated over 1 year ago on . Most recent reply

User Stats

8
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1
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Charles Diggs
  • Investor
  • Talladega, AL
1
Votes |
8
Posts

New Investor in Talladega, Alabama

Charles Diggs
  • Investor
  • Talladega, AL
Posted

Hello everyone.  I am Charlie Diggs.  My wife and I just bought our first rental property.  We are doing some minor repairs and hope to have it on the rental market soon. 

We both work full time jobs.  I am in International Business Development for a medium sized European Company.  It is a great place to work and I really enjoy what I am doing.  I have been investing in the stock market for about 10 years.  I enjoy it and I feel that I am fairly successful.  I have been investing in many different REITs over the years with moderate success.  I recently decided that I want to take a portion of my portfolio and start investing in buy and hold property.  So that is how I got started.  I am very analytical and always stick to set criteria when investing in stocks and I plan to use the same approach in the real estate market. 

I have started putting together my team.  I have a great broker, lawyer and banker.  I am looking for an accountant at this time.  I am a little nervous about being a landlord.  I need help in setting up the screening process, lease agreements, rules, etc....  I truly want to start off right.  I want to setup the business with the correct structure and procedures so that scaling is easier later if we choose that direction. 

I found Bigger Pockets while searching for real estate books.  I can across a free book titled The Ultimate Beginners Guide to Real Estate.  Then I started listening to the podcast in order.  I am listening to 30 right now as I type. 

That is a little about me.  I look forward to being involved and participating in the discussions. 

  • Charles Diggs
  • Most Popular Reply

    User Stats

    1,572
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    1,492
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    Denise Evans
    • JD, CCIM , Real Estate Broker
    • Tuscaloosa, AL
    1,492
    Votes |
    1,572
    Posts
    Denise Evans
    • JD, CCIM , Real Estate Broker
    • Tuscaloosa, AL
    Replied

    I have some free and paid resources specifically created for Alabama landlords. Check out my book in the Marketplace--"Alabama Landlord's Desk Reference and Forms Book." The post below includes a link to the table of contents and index, so you can see the book covers all the topics you need.  It is at

    http://www.biggerpockets.com/forums/517/topics/186...

    I'm always happy to answer questions, ,and take phone calls.

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