In the Denver Metro and new to RE investing

[Nathan Hayes]

Greetings to you all!

I feel like the suggestion posts essentially tell you to introduce yourself by paraphrasing your profile information into a new forum post.  Helpful, but a bit odd.

Anyway, I'm just getting started with RE investing and want to begin by learning to flip homes and eventually begin to acquire rental properties to generate residual income.  I've spent (possibly wasted) $50 on the Capital Rehab DVD set, but thought their disc with a list of hard money investors might prove useful even if the rest wasn't helpful.  I've watched the 3 main discs and haven't watched the bonus "Secrets" disc or looked at the investor list yet.  There's some useful information, but I feel like I just paid them to send me material that markets their mentoring service to me.  I may or may not try to get my money back.  We'll see how useful the investor list is.  I should probably have just spent that time reviewing the insane amount of information on BiggerPockets.  It's actually a bit overwhelming.

Anyway, I really would like to learn more and gather enough information to help my wife feel comfortable (ish) with this process.  She likes the idea of what it could be, but is concerned about losing money - Aren't we all?

I hope to find a mentor at some point who will partner with me on a couple of deals so I can build enough of a knowledge base to go out on my own and do this right! 

I'd also welcome advice on doing this just as side income vs. creating a business entity to use for this going forward.

Thank you all for reading this!

[Chris Lopez]

Nathan,

In terms of "Educational" resources for real estate, $50 is not a lot to waste. Don't sweat it. Wait until you go to seminars and your lunch assignment is to call all your credit card companies to "negotiate" up your credit limit so you can afford the $25,000 mentoring package later!

1) If you haven't read BP's "Ultimate Beginners Guide"

2) Scour the forums and setup keyword alerts for Denver.

3) Find some local groups in Denver to network with. Google "Investment Club of Rockies" - I just met Troy Miller, who runs the show last week. I was very impressed with his organization. I talked with a few investors who spoke highly of it as well.

Not sure if this applies to your situation, but I usually get better results with my wife when I pass along information for her to watch or read, rather then me trying to regurgitate it.

 Chris