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Updated almost 9 years ago on . Most recent reply

User Stats

71
Posts
25
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Ben Ballinger
  • Developer
  • Newport Beach, CA
25
Votes |
71
Posts

Looking forward to learning all about real estate investing

Ben Ballinger
  • Developer
  • Newport Beach, CA
Posted

Hi guys, my name is Ben and I am a 31 year old business owner in Chicagoland who is looking to invest the money I make in my business into something that will build residual wealth over time–namely, real estate.

My wife's father has been rehabbing houses for flipping, as well as hold/renting properties all over Chicago and Colorado, but has a really old-school way of doing it which is prone to issues.

I am looking to learn how to do it in today's market and how to be smart from the get-go so I can avoid common newbie mistakes and prevent as much headache and losing money on bad deals as possible.

Looking forward to getting to know everyone!

Most Popular Reply

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7,730
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2,248
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Paul Timmins#2 New Member Introductions Contributor
  • Specialist
  • Rockland, MA
2,248
Votes |
7,730
Posts
Paul Timmins#2 New Member Introductions Contributor
  • Specialist
  • Rockland, MA
Replied

@Ben Ballinger

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). Find them through Google and 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 

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