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Updated over 7 years ago on . Most recent reply

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6
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John M.
  • Houston, TX
2
Votes |
6
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New Investor in Houston, TX

John M.
  • Houston, TX
Posted

Hello, My name is John McLeod and I have been lurking around for awhile and wanted to finally make my first post.

I work as an engineer with very little involvement in real estate. I currently have two Single Family Homes and want to start by renting one and obtain positive cash flow. I came to biggerpockets to learn and network, I had a co-worker that owned a few apartments and is financially independent but isn't part of the site.

I'm a newbie, but in the near future I want to try using the BRRRR method.

Should have rented out sooner.

I've been doing some self study and searching for deals daily.

Currently have a friend wanting to partner on flooded houses. 

He is a commercial contractor and has many connections and a lot of experience, but it overwhelms.

Thanks!

Most Popular Reply

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149
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72
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David Olson
  • Katy, TX
72
Votes |
149
Posts
David Olson
  • Katy, TX
Replied

@John M. Welcome to BP!! I am also a newbie and have been on BP since June 2017. Planning on buying my first BRRRR property this quarter and have been to one meet-up that I found here on BP. It was very informative and helped me gain some knowledge on buying flooded properties. Through that same meet-up I won a free 1hr session with a local larger wholesaler. Ended up getting most of my questions for them from the BP community. The networking and information here is priceless.

What I strongly suggest is getting the BiggerPockets Podcast and through there search the word "BRRRR". I think there are about 4-6 podcasts focused solely on that method. I would listen to them in additon to the other podcasts they have but that would be a good palce to start. I would also use the search bar within this site regularly and make sure you set yourself up to receive key word alerts....hence how I found this post. I have a keyword alert set for "BRRRR"

Anyways welcome to BP and let me know if I can help in any way!!

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