Looking Forward to invest in Orlando, FL

[Aleff Pimenta]

Hi everyone,

I'm pretty newbie and I have no money. Yet.

I set a goal to leverage some cash to soon start investing and move to Orlando in the future.

Now I'm based in Auckland, New Zealand but I'm Brazilian.

I'm here to ask for some tips, and recomendations for a new foreign investor. Also I would like to have some refers to when I get the money, put it to work without wasting time looking for refers.

My strategy to Orlando is Flipping, using private lenders or hard lenders.

Btw, if someone is interested in NZ market, I can give a hand if you are interested in buy and hold in Auckland.

Thank you guys! Cheers!!

[Account Closed]

Well since you have no money i wont bother .. lol.. sorry its what passes for humor here on the states .. 

Really though , welcome to bigger pockets and congrats for deciding to invest in real estate in the future ..

It can be a very rewarding career .. you can also make very big mistakes and loose a lot .. so, take this time and learn as much as you can .. but, try to stay focused on certain types of real estate .. ie. Flipping, wholesaling, buy and holds, tax lien ..ect .. there are so many different ways to make a career in real estate ..so try to start by focusing on just one or two .. Like flipping and wholesaling , they can complement each other .. 

Read as many books as you can that pertain to investing in real estate .. a couple stars are .. Rich Dad Poor Dad .. The Art of the Deal.. The Richest man in Bolivia.. and a lot a great books available right here on BP .. listen/watch to pod casts as much as possible when your not reading ... read Bp's threads as much as you can .. set up keyword alerts to get what your interested in .. start to study the area you plan on investing in .. you can study Orlando from a far .. ( the internet is a wonderful thing ) .. learn what the market is doing ..what is the average cost of a 3/2 block fresh remodel in College Park area ? You should know .. Study , study , study ... oh ya .. you better learn how to estimate a rehab project .. you need to know if a contractor is over charging you .. learn about contracts .. and learn about construction codes .. 

Did I scare you off yet .. no, Good ! 

Once you have done all that ...Then and only then , you might be ready to invest with a 50% certainty that you will not loose money .. even after 20-30 years you never know with certainty that you will make money .. but the odds should be tipped in your favor some .. 

For me .. I love it and addicted to it ..For me its not a job or Career , its a necessity.. its the way I breath ..I can onoy hope it is the same for you ..

I wish you the very best ...

God Speed, 

Michael Short