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Updated about 3 years ago,

User Stats

7
Posts
3
Votes
Mike Richardson Jr.
  • Annapolis, MD
3
Votes |
7
Posts

Mike Richardson Jr. - Trying to Learn as Much as I Can

Mike Richardson Jr.
  • Annapolis, MD
Posted

BiggerPockets members,

Hi I’m Mike & I have some questions for you all to see how I can make the most of this forum, this site, books (I’m waiting on “How to Invest in Real Estate”) & my real estate life in general.

  1. 1. First aspect I’m interested in, I’m wondering what are the best real estate clubs/groups I can take part in around the area in Annapolis, or online.  That’s the best way I’ve seen to make connections with buyers, sellers, wholesalers, & agents.  A lot of whom want to help apparently.
  1. 2. Secondly, what are the other websites that have forums or are also amazing for real estate related topics?  I was just going to use Facebook & Reddit.  As one of my favorite things in the world is learning.
  1. 3. Thirdly, what should I do if I have a good number of questions to ask & I’m not sure if it’s too much without me paying to have someone like Brandon Turner answer them correctly (IMHO)?  Since I’m asking about what is the best idea to eventually accomplish the plan I have in regard to real estate in general.

Now here's a brief part of my plan: The first aspect of my career, outside of wholesaling & being an real estate agent (REA), if that's suggested by all, I'm going to build my own house with my own hands. This is with me sleeping there daily, learning from those I pay to do the work with me & friends that are in the renovation or construction industry. This is so I learn as much as I can with assistance. I am going to be renovating quite a lot with my bare hands until I'm able to own enough properties to never have to work again, but I am probably going to be doing all this work with some help as well (or at least at the beginning). This is in order to complete the renovations as fast as possible, so we (or I) can do well with the appraisal & then rent (BRRRR) since I am going to buy most property with hard money. What I am going to do is renovate, buy or build (RBB) multifamily homes around Annapolis & then also RBB houses in College Park to do college housing because I'm connected to the biggest landlord there, whom I know I can learn from.

Now I do have over a page written up with the different questions & how I’d like to be helped, but I’m not sure if I should post that all upfront since it might scare a lot of people away.

This part of my life is just at the learning phase, but all I want to do is learn what courses I should take, find if I should become a realtor & which certifications I should acquire to learn the most important information.  This is because I’m not sure if I need to become a REA or a wholesaler while I am making money in my fulltime cyber security job (because I feel like I should).

I’m wondering if there’s a way I should switch to become a fulltime wholesaler/REA to make the most money, get the most experience & make the most connections before I build my house or some sort of complex that I construct by myself.  I'm thinking I should just be a wholesaler/REA parttime instead of fulltime?  But I can do multiple fulltime jobs in the future if whomever allows me to work from home.  I’ve been learning a lot over the past 3-4 weeks since I’ve already written over 130 pages (most copy/paste edits) of notes related to what I’ve learned at BiggerPockets.

  • - Lastly, I’m wondering if I should contact or connect with people like: real estate investors, agents, wholesalers, contractors, construction companies, hard money lenders, cash buyers, title companies, landlords, multifamily owners, sellers, buyers, then people who can teach me & help me construct a whole complex or house?  This is what I am doing first unless some amazing deals just come by sooner rather than later that are impossible not to take advantage of.  If that's the best idea with all these types of people I’m wondering how I should connect with all of them?  I was thinking becoming part of as many real estate clubs as possible & starting there.

Your time is appreciated for reading this gargantuan motormouthing display,

Mike Richardson Jr.

Real Estate Noob

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