Newbie

[Jason Schwab]

Hello,

First off, I'm extremely green. A friend of mine is well into this path and correctly assumed that I would be interested in this type of mind set and approach to investing. I'm currently reading the staple books and it is all extremely exciting. 

I just closed on my first duplex in Indianapolis this week. The property checked all the boxes and I wanted to get my first deal under my belt. I used a wholesaler for this one which is working well but want the confidence to find and do these deals on my own at some point. 

Just to provide some color, I work in Med tech and make good money. Regardless, I've never felt financially free in any respect and I love the idea of asset vs. liability. More than anything, I am interested in attaining the freedom number that's been discussed on the podcast. I can afford to buy the first couple units with cash but not sure what I do after that. 

Thanks, 

Jason 

[Paul Timmins]

@Jason Schwab

Welcome. Fill in the foundation below.

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

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