All Forum Posts by: Tim Coppola

If that's your thing give yourself a break and go take a look.  It's in full force right now.

@Westin Hudnall You can go to the podcast page under the Learn tab up top.  There you can go to a specific podcast and get more in depth information about each one including how to connect with the guests.  If you go to podcast 78 there is a link to @brie schmidt BP page.  Hope this helps!

I'm curious as to if there is anyone in Charleston who would be willing to let me shadow them for a while.  I'm going to be moving back to Chicago but not until the middle of August.  I just would like to get as close to any process in real estate as possible to learn as much as I can.  I have nothing to offer except free work.  I will do whatever you need to help you out.  I just want to take advantage of the fact that I don't have a job right now so I would like to learn as much as I can.  Please feel free to contact me if I can help in any way.

Thanks in advance,

Tim

@Timothy Riley 

 Thanks for the feedback.  I definitely need to look more into screening for tenants and making sure I get the right one.  

@Tyler Vining Thanks. I've just started listening to the podcasts. There's a ton of good information on those.  Eventually I'll get through them all.  Good Luck to you as well!

@Account Closed  Thanks for the advice.  Is it possible to buy a 3 or 4 unit and start by renting them out but eventually sell them off one by one?  

Does anyone have any experiences or opinions they'd like to share about how they got started and in hindsight if they would have done it a different way.

I'm new to REI and would like to hear peoples opinion on the best way to start off. I have no experience what so ever in the industry so I want to start off slow and make sure I do it right from the beginning. I'm in Chicago and have about $35k I can put in. My initial thought was to buy a multi-family home, preferably 3-plex that doesn't need renovations and owner occupy it. That way I could get used to owning a place and also being a landlord. Then buy one unit a year for the next two years. Another option I just started researching is buying something larger, no more than 10 units though, and hiring a PM (I currently have a full-time job). I'm afraid that may be to much to quick though.

Thanks in advance for your responses!

Tim

Thanks to everyone for replying.  Wendell I definitely plan on listening to all the podcasts as well as reading your real estate happenings.  I have a lot to learn but this site is inspiring me.   

Much appreciated. Thanks Gerald!

Hello to everyone,

I just joined BiggerPockets today and am an extreme newbie to real estate.  I'm currently in an interesting situation.  I lived in Chicago for 10 years and moved to Charleston a few months ago to help a friend start a business.  My original plan was to move back to Chicago when I was finished here but now as I start to research the real estate industry more I'm wondering what is the smarter move for me, move back or stay in Charleston.  

I am interested in getting started by buying a multi-family home and living in one unit while renting the others out.  I know there are a lot of factors to consider in each place but I am curious as to if anyone has any advice or input on starting off in the real estate industry in either city.  Am I crazy to think I can get off to a good start in Chicago as opposed to Charleston?  Is it harder to get started in this industry in a larger metropolis versus a smaller city?  Am I being to paranoid about it?

Any advice or input would be greatly appreciated.  Thanks in advance,

Tim Coppola

Hello to everyone,

I'm just starting to research real estate as a possible flow of income, mainly for when I retire.  I have no experience whatsoever in the industry so I have a lot to learn and can tell it's going to be overwhelming in the beginning.  I currently am planning on starting with multi-family homes. Buying one, living on one floor and renting out the others.  I'm in no hurry to get rich quick, rather I want to do it right from the start and hopefully reap the benefits in 10-15 years.

I can tell I'm going to be coming to this site often looking for advice from everyone here so thanks in advance for that.

Hello again and I look forward to getting to know everyone better,

Tim Coppola