All Forum Posts by: Robert Richardson

Thanks @George Blower

I never looked at renting out the second unit as a bonus but it makes a lot of sense because that way I would not have to be so dependent on the other side being occupied to pay the bills.  

As far as the flips, I know as I do more of them I will get better but for the 1st one I will definitely account for more time to allow room for error.  

Thanks @Bart H.  

That seems like a great strategy.  To get an edge I am taking all the advice that I can get.

Thanks @Jill DeWit 

I had that same thought.  My logic was that by becoming a real estate inspector, it would help me to identify potential problem areas that I would miss when I am viewing properties by not being trained to see to spot them.  

The podcast here are amazing.  I get so much info a well as many different ideas from listening on my way to work.  I am a newbie here too but Welcome.  

Your first flip looks like you have many years of experience.   It looks amazing.  Hope you get many offers!!!!!

My name is Robert Richardson and I am from Dallas, TX. I have been interested in Real Estate for a longtime but always thought that you had to have a ton of money to get started. After reading Rich Dad Poor Dad I realized that there were other creative ways to get into the business. I went to the internet to start educating myself on real estate investing. The way that I found BiggerPockets was through doing some research about creative ways to finance on YouTube and Google. BiggerPockets had so much free information out there that it was unreal.

I am a fulltime employee at a warehouse, but I am not looking to quit my job. Creating extra income though investing is what I plan to do. I am mainly interested in Buy and Hold Properties. My goal is to find one rental per year. I may consider doing 1 or 2 flips per year when work is slow at the job. I do not own a home yet, but I am looking for a duplex to be my first purchase. I will live in one side and rent out the other. That should give some property management experience as well as give me the opportunity to save a down payment for my next purchase.

I am starting this journey with very little knowledge, but I am committed to learning, networking and finding deals to reach my goal of reaching financial freedom.