All Forum Posts by: Gloria Riley

Wow, congratulations @Alex Applebee !

First and foremost I want to commend you on your first flip. That is very exciting and inspiring, especially at a young age. How did you get started? What made you take the leap? I see that you contributed BiggerPockets to some of your success, which is really good to hear. Do you have any tips for us investors that are just starting out in real estate? Thanks for sharing your experience and good luck on your next project!

Hi Eddie, I'm not sure if you're referring to guru education sites or not. However I have personally attended the Rich Dad real estate introductory class (the free one) as well as another class that cost about $200 to learn more about wholesaling, lease-options etc. I learned a great deal from these classes two years ago, especially as a true novice at the time. For a $200 investment, it was a decent return. I didn't fall for the $10,000 class, as I felt I wasn't ready to make a huge commitment at that time & was unsure of the true return on investment. Robert Kiyosakis books are very good, honestly they're a little bit better than the courses  

However, I would encourage you to read up on the various educational programs, check their reviews, etc. I'm currently reading a book called Real Estate Investing 101 (Trump University) it's very good and resourceful.

Hope this helps and maybe someone out there has more experience in other educational courses, good luck!

Thank you for sharing your insight and experience! You are an inspiration to many of us!

I strongly recommend QuickBooks online for online payments. We use a PO Box quite often, but I totally understand what you mean - it can be time-consuming waiting for the check in the mail. As for QuickBooks I think the fee is about 3.4% and maybe $0.50 cents per transaction. Sometimes I forward this fee onto my client/tenant, depending on the circumstance. QuickBooks is very easy and user-friendly, I use it in multiple businesses. It also allows you to use "ACH Bank Transfer" which is only $.50 cent charge - pretty reasonable. Good luck!