Harinando Andrianarimanana
New Investor in Kirkland, WA - Starting with Live-in Flips, Aiming for Long-Term Rent
16 January 2025 | 2 replies
As a beginner investor based in the Seattle metro area, I'm eager to learn from your experiences and share my journey as I get started in this field.My current strategy is to focus on live-and-flip for the first three deals (looking for my second deal) to gain hands-on experience while building equity and learning the ins and outs of renovation and the local market.
Ilir Livadhi
New to the U.S., Experienced Renovator Looking to Start House Flipping
15 January 2025 | 10 replies
Take a bit of that money and invest in learning - go to meetups and the many events that take place related to investing in the city - some for free and some paid.
Terrence Adams
Rental Property Investor Newbie
12 January 2025 | 12 replies
Quote from @Terrence Adams: Hi everyone, I’m Terrence, new to rental property investing and excited to learn from this group.
Dustin Wheeler
New member exploring real estate
13 January 2025 | 10 replies
It helps a lot with networking on here.Other than that, be a sponge and soak up as much content to learn the game.
Andrew Schaff
Hello BiggerPockets! New PRO here
14 January 2025 | 7 replies
I am excited to get started investing in real estate in out of state Long Term Rentals.Outside of real estate, I enjoy spending time with my kids, as well as mountain biking and other outdoor adventure activities.Excited to learn and connect with you all!
Destiney E Goins
Destiney Goins- new to investing
13 January 2025 | 5 replies
I am hoping to learn about managing my own property and how to get tenants.
Akintunde Aboaba
Seeking Advice on Starting Real Estate Investment in 2025
17 January 2025 | 1 reply
Looking forward to learning from your experiences.
Shea Gajewski
My First investment property. House Hack!
8 January 2025 | 1 reply
The only thing that bests fear is courage and we only need a mustard seed of that to get things going...People often spend money on college and never go in to the field they spent that money on...the greatest lessons and the ones most remembered are learned 'on the job'.Wishing you more good news in the future and an exceptional 2025.
Franc Seferi
Out of state investors
16 January 2025 | 0 replies
Going through my real estate journey I have learned a lot, I am 24, a veteran and a graduate from Temple University,I started with aspirations of investing on a property and making a quick flip.My problem lied with fear of failing, my capital and my savings.I decided I wanted to learn the real estate market and know the ins and outs before I would make a bold choice on buying my first real estate home.
Ken M.
Creative Financing and Some Things To Know
13 January 2025 | 1 reply
My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are neededKnow everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.