All Forum Posts by: Sean Ruddell

@Kiera Underwood 

I have read Rich Dad Poor Dad and loved it. I am actually rereading it now. I am looking for some groups but I think I'm looking in the wrong spots as I keep finding ones from 2018! 

Where can I find that post Mark? That sounds like something smart to read for a beginner! What would you say is the most important thing you have learned so far?  

Okay... that sounds like an interesting place to start. I'll have to reach out to some wholesalers nearby to talk to them. Thanks for the advice man!

 Thanks for the tip Steve! I've heard a bit about wholesaling, but haven't really looked into it. What do you like about it and what do you dislike?

Hi Mark, thanks for reaching out! It does look pretty daunting to start up here, but with the right deal, at the right time, I'm confident it can be done. As far as your deal #2 goes, have you looked around Waco, TX? I looked around there when I drove through there (and lived for a short time in San Antonio) and I saw some Properties that seemed almost impossibly low cost for their size and needed some cosmetic work. That might help. What got you into flipping and do you have any good lessons that you learned from deal #1?

    Hi there! My name is Sean Ruddell and I am looking at getting started in Real Estate. I have not completed (or started) any deals yet, and am still attempting to get enough education so that I can minimize how much I will lose on my first deal.

  Time for some background info. I come from a lower income family and so I didn't get much of a financial education growing up. I've always known that Real Estate is a safe(ish) investment, and have found that I love to see a house get fixed up and go with a family that will take care of it. 

  Currently, I work as an insurance salesman making $32k-38k a year, and spending my days calling people and looking at people's retirement plans have reminded me that I am not getting younger. Over the last two years I have realized that if I want to get to my own retirement goals I need to get going. To that end I have been trying to improve my credit score, paydown my student debt, and get into a place to start up. That's how I found Bigger Pockets! I have listened to around 30-40 of the podcasts and videos on their YouTube channel and still going. I decided to post to try and start surrounding myself with people that know more about this field I want to get into. 

  My goal is to get enough properties owned and rented out, so that I can get around $3000-5000 a month in passive income before I retire. Any tips or advice are appreciated!