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Updated over 1 year ago on . Most recent reply
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New Investor in Talladega, Alabama
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.
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- JD, CCIM , Real Estate Broker
- Tuscaloosa, AL
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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.