All Forum Posts by: Dan Wieczorek

Hi I am hoping to get some tips for just getting started.A few years ago I was all set to get started with some flipping maybe renting.Just as I was about to start our financial situation changed drastically.My wife had to take a much smaller salary and I was hit with a ton of medical bills.So we went from looking to invest to living paycheck to paycheck.We have burned through all our savings just to stay afloat and things are going to get desperate soon.So I am hoping I can get started now before it’s too late.So I have been reading up and looking for options.Any tips or suggestions for someone in my situation to get started in the real estate game here in NJ would be greatly appreciated.Any wholesalers out there that can walk a first timer through would be cool.I have a partner who is less desperate then I am and maybe some investors if the deal looks good.Between the two of us we are acquainted with a lot of carpenters, painters, roofers and other home repair guys who would give us great deals.Plus we are both very handy and usually do all our own work for our homes.Hoping to make a move and supplement our incomes before getting too buried in credit card debt.Any tips would be awesome thanks.

Hi I am hoping to get some tips for just getting started.A few years ago I was all set to get started with some flipping maybe renting.Just as I was about to start our financial situation changed drastically.My wife had to take a much smaller salary and I was hit with a ton of medical bills.So we went from looking to invest to living paycheck to paycheck.We have burned through all our savings just to stay afloat and things are going to get desperate soon.So I am hoping I can get started now before it’s too late.So I have been reading up and looking for options.Any tips or suggestions for someone in my situation to get started in the real estate game here in NJ would be greatly appreciated.Any wholesalers out there that can walk a first timer through would be cool.I have a partner who is less desperate then I am and maybe some investors if the deal looks good.Between the two of us we are acquainted with a lot of carpenters, painters, roofers and other home repair guys who would give us great deals.Plus we are both very handy and usually do all our own work for our homes.Hoping to make a move and supplement our incomes before getting too buried in credit card debt.Any tips would be awesome thanks.

I am hoping to come check it out and learn a thing or two, just need to make sure I'm free that evening. 

Charles,

That would be cool.  I am looking to keep my investments nearby in NJ so I can start out doing the property management myself.  I did live in Charleston for a short time back when I was college hoping a bit I can see why you would focus there. 

Paul,

Thanks for all the great links I am working my way through them. 

Others,

Thanks for the welcomes. I have started looking for an REI group meeting to check out. I may also be looking around for some clever financing ideas because I can only put together just under 15k in capital and living at the new property in not much of an option.

My name is Dan I am 35 and have always lived here in NJ.I work as a scientist for my day job, a marine scientist for National Marine Fisheries.As a government employee the pay isn’t that great so I have always been interested in having a rental property or two to slightly supplement our income and build a strong investment for our future. I am not looking to become ridiculously wealthy (although I wouldn’t turn it down if someone handed it to me) just looking for a little to make us more comfortable now and in retirement.I have no real experience to speak of in real estate except for moving a lot while growing up, and listening to all of the BP podcasts of course.I found BP from the podcasts and wanted to give it a try.