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Updated almost 9 years ago on . Most recent reply

Account Closed
1
Votes |
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New member in the Kansas City area

Account Closed
Posted

Hi, I am new to the real estate investing world. I would like to eventually create my own rental property business with single family homes. I have read many books and talked with many people already in the business. I do not know where to start or how much money is needed to start with my first property. Any help or advice is greatly appreciated! Have a great day!

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

@Account Closed

Welcome. Fill in the foundation below.

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

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

Consider checking out HUD homes for small multi's owner occupied gets first crack.

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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