You'll be surprised how much more you'll learn and grow as you become active in the community!

Waiting list are awesome - I'm still trying to grow one@sam leon, you're getting some great advice here.

Personally if you are going for 4 flips in a year, try and find 1 or 2 good HMLs while you are searching for private money lenders who will give better terms - they will allow you the flexibility to make all cash offers which will be more attractive to sellers.Access to capital will be key as you grow so establishing relationships with the HMLs for your first few deals may help you a year or two down the road when you are finding multiple deals at once and need more capital.

Think about what you can realistically do now to grow your savings and build credit, at what point you'd have enough to take the next step, preparation needed to get to the next step, and five and 10 year or longer goals.I'm currently in a holding a pattern this year, so you could say my current business plan is to read more real estate books, be active on BP forums, post my adventures and ponderings on my BP blog, do more maintenance inspections on our rentals, dream ad explore five and 10 year options, and work to reduce expensive tenant turnover.

Be sure to check out this e-book on Using BiggerPockets to Grow Your Business

I am starting my business as a wholesaler, and as it grows, I will do fix & flip, buy and hold, & eventually apartment/commercial buildings.I am all excited about this business, because I meet people from every sphere, also being in my mid 50's, I need to build some residual income, to secure my nest egg for retirement.

I'd like to grow a portfolio and I'm not sure if starting with a 450k house is the right place to start.

If you're like me, you're probably pretty thankful growing up and working in that environment, because you get a hell of a headstart.

Rich Dad Poor Dad (Favorite book)Cashflow QuadrantGuide To InvestingThe Ultimate Beginner's Guide to Real Estate Investing (was my 1st pure real estate book)The Art of DealThe ABC's of Real Estate InvestingThe Unofficial Guide to Real Estate InvestingThe E-mythThe Power of Positive ThinkingThe Magic of Thinking BigThe 7 Habits of Highly Effective PeopleThe 21 Irrefutable Laws of LeadershipAwakening the Giant WithinYour Erroneous ZonesThe Power of NowEmotional IntelligenceThink and Grow RichStart With WhySlight EdgeThe Compound Effect48 Laws of PowerThe Wealth of NationsThe Art of SeductionThe 5 Love LanguagesThe Art of StartThe Crash CourseBusiness Model GenerationSecrets of the Millionaire MindThe SecretThe Art of WarEmotional Intelligence The Psychology of WinningThe 4 AgreementsThe Richest Man in BabylonThe 7 Spiritual Laws of SuccessThe monk who sold his FerrariA whole new worldYour Erroneous ZonesAs Man ThinkethEat that FrogI read Rich Dad Poor Dad and I quitted from College in 2012 (I started in Real Estate in 2007), I was about to start a degree on Computer Science with a minus concentration in business administration.

You will rapidly grow in your 20s, and so will your salary, but if you learn to live efficiently then it can be a great boon to your investing.