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All Forum Posts by: Edward Shen

Edward Shen has started 11 posts and replied 32 times.

Post: Trying to Learn and Start my first House Flip

Edward ShenPosted
  • Philadelphia, PA
  • Posts 32
  • Votes 4
Originally posted by @Kevin Wiley:

Hey Ed great question. I'm in a similar. Situation, but just a small step further down the road. I'm 25, work full time, and I'm currently in the middle of my first flip. 

The best advice is the same as you hear on the podcast: go to a local REIA meeting and start getting to know people in your network.

Always continue listening to the BiggerPockets podcast and furthering your self-education to help avoid expensive mistakes. 

Do you have any money to use for investing? 

 Hi Kevin, thanks for the response! I just sign up for bigger pockets so I have not heard of any of the podcast yet. (not sure where I can tune in as well).  As of now I have around 20k saved up, which I know that is very little in real estate, but slowly but surely. Especially since I just graduated a little over a year ago.  

Also how is your first house flip going? Another question is that, what is a REIA meeting and how do I find one around my neighborhood?

Post: Trying to Learn and Start my first House Flip

Edward ShenPosted
  • Philadelphia, PA
  • Posts 32
  • Votes 4

Hi Everyone,

My name is Edward, I am 24 and trying to start investing into real estate. Currently I am working as a full time employee and want to start investing on the side. I got interested in investing in real estate when I start watching HGTV a little too much and from my dad who is also into real estate. I live in Philadelphia and am interested in possibly flipping houses. I know that investing in house flip is totally different from what we see on TV and that there a lot of things that we just don't know or learn on TV. 

My question for everyone is that, where should I start and how should I start planning on my first house flip investment? Will like to be able to talk with someone around the area for some personal insights. 

Thanks in advance

-Ed