All Forum Posts by: Jay J.

Welcome to BP @Matthew Archer & @Damien L. (and others) You have already set yourself up for success by joining BiggerPockets!! This is really the premier place to start learning about RE and what it can do for you!  As @Jeff Greenberg said, absorb as much as you can!!

1. First things first, learn the basics --> http://www.biggerpockets.com/starthere

2. Then, download the BiggerPockets Ultimate Beginner's Guide and start reading some more!!
The UBG will will walk through many of the key topics of real estate investing. Ask anyone here, its an invaluable resource. --> https://www.biggerpockets.com/real-estate-investin...
3. Once that's done, get to listening to the free BiggerPockets Podcast - A really great podcast with interviews and a ton of great advice. --> https://www.biggerpockets.com/renewsblog/category/...

and most importantly, POST YOUR QUESTIONS!!  

..after all, that's what BP is for.   Good Luck!

:-)

Welcome to BP @Melissa M.!! You have already set yourself up for success by joining BiggerPockets!! This is really the premier place to start learning about RE and what it can do for you!

Have you attended a local REA meeting?  That's what most will recommend first!
1. Learn the basics --> http://www.biggerpockets.com/starthere

2. Then, download the BiggerPockets Ultimate Beginner's Guide and start reading some more!!
The UBG will will walk through many of the key topics of real estate investing. Ask anyone here, its an invaluable resource. --> https://www.biggerpockets.com/real-estate-investin...
3. Once that's done, get to listening to the free BiggerPockets Podcast - A really great podcast with interviews and a ton of great advice. --> https://www.biggerpockets.com/renewsblog/category/...
4. Now you're ready to face the RE world !! GO GET IT!!

In addition to what @JD Martin said, be a good person, help others before helping yourself and think about how the other person feels..

:-)

Thanks @Tristam Griffith !!

Thanks for the info @Rachel Asay !!

@Rachel Asay Where would you find that information? Like, specific to a certain area..

I swear, BP is pretty awesome. I love the quick and accurate (well, I assume accurate) responses!!

I guess I misunderstood. I was under the impression to manage any property you needed a license, but I see its just if I wanted to be a property manager.

@Raul Pedrozo  <-- Thanks for getting straight to the point!

@Paul Parker <-- Awesome information! I wish I was closer to Toledo, but I'll look around and see what is offered closer to me!

@Rebecca G. <-- No, I haven't yet. I'm really trying to 'fine tune' my plans..

I have a question. I've read multiple times that in order for me to 'manage a property' (meaning, I'd own a rental unit, SF or MF) in Ohio I need to have a real estate license. Assuming that's true, when or at what point does this become effective? let me explain what I mean with two examples..

#1 -I buy a quad. I live in one and rent out the other three. Do I need a license to manage my quad?

#2 -I buy a SF. Rehab it and a year later, rent it and move out. Do I need a license to manage my SF?

Thanks and any info is appreciated!

Its a condo right..?   

What are the HOA (or equivalent) fee's..? You'll want to add that to your holding costs..

I'm not an insurance expert, nor do I live in a flood plain, but..

"So my question is this, do you think landscaping measures can eliminate my need to insure for the severe flood plane and allow me to insure for the lesser of the two evils?"

I would doubt it...  just because the insurance underwriter is going to want to protect the investment and unless your landscaping includes a large water proof wall (insert Trump joke here), I wouldn't think it would fly.

..that being said, I'd call the insurance guy (or two of them) and see what they say..