Thanks Michael I appreciate the input. I have already downloaded and read the guide.
I also purchased J. Scott's books on flipping and Estimating Rehab Costs and have been spending a few hours every day reading BiggerPockets posts. I am new to the real estate investing and I am trying to learn as much as possible so I can decide my niche, my geographic area (farming area) and put together a strategic plan. I currently live in Brooklyn, NY but the market here is so expensive I am not sure I can realistically compete unless I can find one or two major investors willing to work with me. I recently obtained my NYS Real Estate Salesperson license and I am deciding where and what Broker to affiliate with. I am considering Long Island (LI) NY as my primary geographic area to work in. My plan is to flip some homes in the short-term to generate some income with a long-term goal of acquiring 10 plus rental properties and establishing a portfolio that provides a monthly cash flow.
Right now my primary focus is on reading out to group of knowledgeable individuals in LI that I can work with once I get started. I joined the LIREIA and plan on attending their next meeting and start networking. Any advice you or anyone else can offer on how to find and establish a working relationship with individuals such as real estate brokers/agents, title company, closing attorneys, contractors, investors, etc. working in LI would be greatly appreciated.
Regards, Scott