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Updated over 8 years ago on . Most recent reply

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Nicholas Ladesic
  • Pittsburgh, PA
5
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Newbie from Pittsburgh pa

Nicholas Ladesic
  • Pittsburgh, PA
Posted

Hello, my name is Nick, and I am looking at getting into real estate investments around the Pittsburgh Pennsylvania area. I just recently took a 3 day seminar with fortune builders, and am very excited to start this whole process. 

I currently have minimal rental management experience ( the company I work for has a few rental units) and I have experience in minor rehabbing. 

I have a business partner, we currently have an llc set up (boscobowserproperties.com) My goals would be to flip 10 properties around the Pittsburgh area this year. I am most interested in flips and rentals, with occasionally wholesaling when opportunities arise. 

Any criticism and tips are greatly appreciated, I am looking to further my education in this field as much as possible. 

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Paul Timmins#2 New Member Introductions Contributor
  • Specialist
  • Rockland, MA
2,248
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Paul Timmins#2 New Member Introductions Contributor
  • Specialist
  • Rockland, MA
Replied

@Nicholas Ladesic

Welcome. 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 

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