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Updated over 5 years ago on . Most recent reply
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Ready for my first flip!
Hey guys. This is a shot in the dark however, it never hurts to ask. I am currently a children's book author, a 9 to 5 er, and would love to get into Real Estate Investing. There is something about Flipping homes and Rehab that makes me itch for more. It's R&R for me and I am looking for some guided help.
I wanted to reach out to the BP family as you may already know what steps to take to get started. I'd like to know if you would be willing to help me get started? I am looking for any information you may have like books or websites, or maybe even seminars you'd recommend? How did you get started? Or did you just start? I'd hate to re-invent the wheel if someone as yourself has already been involved and know what works and what doesn't. If you have a moment, please let me know if you would be willing to share the knowledge so that I could also start a new chapter in Real Estate Investment. Thanks BP family, and hope to hear from you soon.
P.S. I am working with an agent at Keller Williams to help me locate an agent out near me in Ohio that is up to speed with flipping and is in it to help, not for the money. Has anyone else used this group to seek agents? If so, how was the experience? Thanks!
All the best,
-Rick
Most Popular Reply
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Thanks for the warm welcoming @Rachelle Rodavia, @James Wise, @Nicholas Varner, and @Sterling White!
Actually, a lot has happened within the last 24 hours. Ok more like 32 hours. Here's what I have done:
1.) Listened to 5 episodes of the BP Podcasts (Got my feet wet on what was relevant)
2.) Obtained both of J. Scott;s books
3.) Printed out all pertinent documents from J. Scott and bound them into a 3-ringed binder (will use this as a guide for me (Very particular and need to stay organized)
4.) Obtained The Ultimate Beginners Guide to REI
5.) Reached out to an agent in my area who's clients are also flipping
6.) Added myself to the MPLS notifications on when my criteria for homes are met
7.) Contacted a few local contractors I've worked with to develop my team (Search continues)
8.) Reached out to a fellow Flipper in the area who is currently having success at it
To do tomorrow and through the weekend:
1.) Research Joining REIN in Toledo, OH
2.) Visit Lowe's at 6-7AM and scope out more contractors (early risers are running circles around others)
3.) More reading of the 3 books mentioned above and research more.
4.) Read/Live/Learn the documents provided by J. Scott in my binder
If anyone can think of any others to add to any of these lists, please feel free as I am a sponge soaking up the treasure trove of information this site has to offer. Thanks everyone, and if I do not hear from you, have a wonderful weekend ahead!
-Rick