Newbie from Jacksonville, FL

[Timothy Battin]

Hello BP. My name is Tim Battin, from Jacksonville, FL. I'm very new to the world of REI. I'm leaning towards the buy-and-hold approach towards investing, for some good, reliable cash flow. I've been doing some simple "what if" analyses on listings from the MLS, just to help myself understand the thresholds of ROI and cash returns.

I have all sorts of questions, of course, but I'll tread lightly with the intro to make sure that I don't cross any lines with what is allowed.  Anyway, I just wanted to get my introduction out there.  The learning shall continue.

[Paul Timmins]

@Timothy Battin

Welcome. My boss just bought an apartment building in FL. Fill in the foundation below.

Check out the Start Here page http://www.biggerpockets.com/starthere

Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.

Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice. And you get the benefit of having over 100 past ones to catch up on.

Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet wholesalers who provide deals and rehabbers (cash buyers). You can Google to locate them and go to meetup.com

Two Great reads, I bought both J. Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbook

You might consider Niche or Specialized Housing like student housing. Rents can be 2-4 times more. Remember you don't have to own a property to control it.

Download BP’s newest book here some good due diligence in Chapter 10. Real Estate Rewind Starting over

http://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-book

Good Luck

Paul