New to BP, new to REI!

[Kelsea Barada]

Hello! I'm a stay at home Mom in Little Rock, Arkansas looking to get into REI. I found BP on accident and the blogs and podcasts have really opened my eyes to the possibilities. Barring a major change my husband will be in the military until retirement (in ~10 years), and our goal is to have the experience, financial stability and passive income to utilize real estate as our main means of growing wealth from that time. In reading this and other blogs I've found that I am most interested in SFR, house flipping, and small multi unit homes. I'm particularly interested in hybrid house flipping, as well as the potential gains to be made living in a duplex (or small multi family) and "living for free". I'd love to get involved in an REI club here locally and look forward to interacting with y'all!

[Linval T.]

@Kelsea Barada

Firstly, thanks for your service!

Secondly, welcome to the vibrant BP community. Ok, now that you have taken your initial step, below are some quick links to get engaged.

Since your interest lies in flips I added the below links for your review.

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)

• 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)

REI can be very daunting, but, before you go searching for that 1st buy, please take a few minutes to bone up on the tips in link below.

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 REI)

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 and thought provoking ideas relevant to REI.