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Updated almost 9 years ago on . Most recent reply
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New Member from Bronx, New York
Hey everyone! I just turned Pro today! Hopefully all is well. So I am a Newbie when it comes to Real Estate investing. First things first, I am not looking for a "get rich quick" thing. I know it would take time, there would be ups and downs and so on. I recently got interested into Real Estate Investing on my first year of college ( still attending ) when a friend recommended RE investing to me and told me the perks of it. I decided that today I was going to go all out. Anyways I don't want to get of track here. I am looking to get into Multifamily investing, specifically residential ( 2-4 units ). I am currently reading "Investing in Duplexes, Triplexes and Quads" by Larry B. Loftis, and that book is extremely interesting to me. Another book I read was Rich Dad Poor Dad ( don't get me started ) and CashFlow Quadrant (not that one either ) . I heard of the Millionaire Real Estate investor as well and I am going to read that one next. There are so many things I want to do with my life I could talk all day here. Any ways please share your opinions on these books ( I am unbiased ). If there is any thing I could do, you can let me know, I am working a part-time job, so I got some money, and some free time, like paint a house, recommend books, network, talk about life etc. I would be more than glad. I don't care what position I am in, its not gonna stop me from achieving what I want and others want! If you are in NYC lets see if we could network a bit, like go to a local coffee shop or something. I am willing to do this. I just want to get involved in the aspects of RE, especially when that same friend is gonna buy a property this summer in NJ! Once again I am looking to network as much as I can and help as much as I can! I am literally on BP every single day. I know this is a long response, but I just can help but write a lot ( is that a bad thing? ) So you can't miss me haha:)
Best to everyone and looking forward to a response
Omar
Most Popular Reply
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I also found the Larry Loftis book on Duplexes, Triplexes and Quads to be a valuable read. I used a lot of the knowledge from that book (and reading BP) to do my first 4-Plex deal last year. Another one I like is Multi-Family Millions by David Lindahl, it is focused more on larger multi-family properties but still a lot of useful info that relates also to 2-4 unit properties, especially the section on re-positioning properties was interesting to me. Best wishes for your investing future-