New Member from Brooklyn, New York

[Olushola Saka]

Hi,

Im new to real estate investing. Ive been researching flipping houses and I am really motivated and ready to dive right in. Any advice on do's and don'ts will be greatly appreciated. Sharing is caring and it was this philosophy that brought me into this in the first place. A sister friend shared her experience and knowledge and it motivated me to give this a try. The usual living from paycheck to paycheck is tired and old and I want to take charge of my finances.

Thanks in advance for your help.

Shola S.F.

[Linval T.]

@Olushola Saka

Welcome to the vibrant BP community. Your time here will be well spent.

Since your interest is centered around flips I added the below links for your review prior to getting started.

http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (ultimate step by step guide to flips)

https://www.biggerpockets.com/renewsblog/2013/05/18/how-to-flip-houses-3/ (5 steps to flipping)

https://www.biggerpockets.com/renewsblog/2010/4/28/the-8-rules-for-flipping-in-2010/ (The 8 rules for flipping - J. Scott)

https://www.biggerpockets.com/renewsblog/2013/03/21/flipping-houses-101-j-scott/ (Flipping houses 101 with J. Scott)

https://www.biggerpockets.com/renewsblog/2015/07/09/bp-podcast-130-ten-smart-tips-for-making-1m-flipping-houses-with-will-barnard/ (Smart tips for flips)

Now that you have made the move, below are some links that will help with the navigation of the site.

• http://www.biggerpockets.com/starthere
• http://www.biggerpockets.com/meet
• https://www.biggerpockets.com/alerts
• How to Use @Mentions on BiggerPockets
• https://www.biggerpockets.com/rules
• https://www.biggerpockets.com/terms
• https://www.biggerpockets.com/invites
• https://www.biggerpockets.com/perks
• https://www.biggerpockets.com/forums/categories
• https://www.biggerpockets.com/rei/glossary/
• https://www.biggerpockets.com/webinar

https://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing (video courses)

https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)

Before your 1st purchase, please ensure you visit the below link for some tips.

https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/

REI books suggested by BPers

https://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)

http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?utm_source=search&utm_medium=internal&utm_campaign=books (books recommended by BPers)

Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.

Feast on the Podcasts, #askbp Podcasts, blogs and webinars

Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational, thought provoking ideas relevant to REI.