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New Member Introductions

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5
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Luis Rolando
  • Investor
  • San Jose, CA
1
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5
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New member from San Jose, CA

Luis Rolando
  • Investor
  • San Jose, CA
Posted Jun 17 2015, 16:05

Hi everyone,

I am new to the site and so far I find it to be a gold mine. I consider myself fairly knowledgeable about R.E. investment (primarily from the many books I've read) but in reality I have very little practical experience. I am looking to slowly transition out of my corporate America job and into a full time REI. I currently own a home in San Jose which I bought 13 years ago at half of what it is valued at today (crazy SF Bay Area prices). I also own a condo in Weston, FL which I rent out.

I am looking to learn more about real estate investments, maybe partnering with someone on a multi-unit investment.  I am also very interested in turnkey investments given that I am still very much consumed by my full time job.   I look forward to meeting folks on the site and sharing info with all of you.   Happy Investing !

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3
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0
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Aaron Chai
  • Investor
  • San Jose/San Francisco/Emeryville, CA
0
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3
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Aaron Chai
  • Investor
  • San Jose/San Francisco/Emeryville, CA
Replied Jun 17 2015, 16:23

Welcome! I am new to this website and REI entirely but I am from San Jose also so thought I would make this my first post.

What were some of the first books you started reading to educate yourself?

Best,
Aaron

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64
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26
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Rollan Dizon
  • Investor
  • San Jose, CA
26
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64
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Rollan Dizon
  • Investor
  • San Jose, CA
Replied Jun 17 2015, 16:27

@Aaron Chai

 Welcome to Bigger Pockets! This website is so rich with information.  The following books have deeply influenced my thinking of real estate investing:

Rich Dad Poor Dad

Millionaire Real Estate Investor

Richest Man in Babylon

I am also from San Jose. Hopefully we can meet in a future meetup.

-Rollan

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64
Posts
26
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Rollan Dizon
  • Investor
  • San Jose, CA
26
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64
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Rollan Dizon
  • Investor
  • San Jose, CA
Replied Jun 17 2015, 16:28

@Luis Rolando

 Luis- Welcome to the site! Hopefully we can meet in a future real estate investors meet up.

-Rollan

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1,350
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685
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Linval T.
  • Investor
  • Bay Shore, NY
685
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1,350
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Linval T.
  • Investor
  • Bay Shore, NY
Replied Jun 17 2015, 16:44

@Luis Rolando - welcome to the BP community, you already have some tools in your toolkit. Now you have to start using them and engaging us in two way conversations.

@Aaron Chai - welcome to the BP community also. Ok, now that you have taken your initial step, below are some quick links to get engaged.

REI can be very daunting, but, before you go searching for that 1st buy, please take a few minutes to bone up on the tips in link below.

http://www.realestate.com/advice/buying-your-first-investment-property/

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17,648
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6,067
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Dmitriy Fomichenko
Tax & Financial Services
Pro Member
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
6,067
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17,648
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Dmitriy Fomichenko
Tax & Financial Services
Pro Member
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
Replied Jun 17 2015, 19:30

Glad to have you here @Luis Rolando You are in the good company and you are in the right place to learn all about REI!

All the best to you!

Account Closed
  • Registered Nurse (ICU)
  • San Jose, CA
332
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496
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Account Closed
  • Registered Nurse (ICU)
  • San Jose, CA
Replied Jun 17 2015, 20:54
Luis Rolando welcome! I live in San Jose as well. I started out of state investing back in October last year. I got my start in Indianapolis and am now focusing on Birmingham. Let me know if I can help. Take care

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7,152
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881
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Dave Visaya
  • Audio Engineer and Investor
  • Cebu City, Cebu
881
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7,152
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Dave Visaya
  • Audio Engineer and Investor
  • Cebu City, Cebu
ModeratorReplied Jun 17 2015, 21:55

Hey @Luis Rolando welcome to the site! It's great to have you! feel free to interact in the forums, meet some great people, and definitely provide more value to the community by sharing your thoughts, experiences, and of course, success stories!

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6,500
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3,166
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Ali Boone
  • Real Estate Coach
  • Venice Beach, CA
3,166
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6,500
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Ali Boone
  • Real Estate Coach
  • Venice Beach, CA
Replied Jun 18 2015, 00:37

Welcome Luis! Oh man, small world. I know Weston pretty well. Despite growing up in Atlanta, I was born in Plantation (lived in Cooper City) and later worked out of North Perry Airport after college for a little while. How did you end up with property in Weston? It's SO nice out there. 

I live in CA now too (but down south in LA) and I also buy turnkeys.

Account Closed
  • Real Estate Investor
  • Hyderabad, Andhra Pradesh
12
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202
Posts
Account Closed
  • Real Estate Investor
  • Hyderabad, Andhra Pradesh
Replied Jun 18 2015, 03:51

Hi   @Luis Rolando

        Welcome to BP Family! Hope you will get good information related to Real Estate Investments.

Good Luck!

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328
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88
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Mark Shaffar
  • Real Estate Agent
  • Madison, WI
88
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328
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Mark Shaffar
  • Real Estate Agent
  • Madison, WI
Replied Jun 18 2015, 04:24

@Aaron Chaiand @Luis Rolando

@Luis RolandoWelcome to bigger pockets it will change your life!

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3,823
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963
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Larry Fried
  • Investor/RE Broker
  • Eugene, OR
963
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3,823
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Larry Fried
  • Investor/RE Broker
  • Eugene, OR
Replied Jun 18 2015, 12:00

@Luis Rolando

 Hi and welcome to BP.  What markets are you considering for your turnkey investments?  I also invest in turnkey properties out of state.

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5
Posts
1
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Luis Rolando
  • Investor
  • San Jose, CA
1
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5
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Luis Rolando
  • Investor
  • San Jose, CA
Replied Jun 18 2015, 16:41

Thanks @Larry Fried.   I've explored Memphis and Dallas so far.  I have made no decisions on this yet.  I'd like to explore good markets a bit closer to home (but not in CA).  How are things in Eugene?  My wife went to school at UO so I am a little familiar with it.

Cheers!

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5
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1
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Luis Rolando
  • Investor
  • San Jose, CA
1
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5
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Luis Rolando
  • Investor
  • San Jose, CA
Replied Jun 18 2015, 16:42

thank you @Aaron Chai.   I look forward to it.

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5
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Luis Rolando
  • Investor
  • San Jose, CA
1
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5
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Luis Rolando
  • Investor
  • San Jose, CA
Replied Jun 18 2015, 16:47

Hi @Ali Boone - thanks.  Well I had to move my parents from South America and they ended up in Weston.  I really liked it there and I figure I would buy something for myself near them.    I see you are also a pilot - I used to be - went to Embry-Riddle in Daytona but I became a computer programming nerd along the way ;-).   What are you doing in terms of turnkey?  Are you investing in CA?  

cheers to you!

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Larry Fried
  • Investor/RE Broker
  • Eugene, OR
963
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3,823
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Larry Fried
  • Investor/RE Broker
  • Eugene, OR
Replied Jun 18 2015, 17:01

@Luis Rolando

 Eugene is a pretty place to live and a good community.  We came to live here because my wife teaches at the UO, for nine years now. 

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6,500
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3,166
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Ali Boone
  • Real Estate Coach
  • Venice Beach, CA
3,166
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6,500
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Ali Boone
  • Real Estate Coach
  • Venice Beach, CA
Replied Jun 19 2015, 17:59

You're a Riddler?? Awesome! I went down there when I was at Middle Tenn State to hang out with their AHP frat. I was in it at MTSU. Fun crowd! And small world. I stayed a pilot but went the engineering route professionally, then bounced from that for real estate. 

No properties in CA. No cash flow here. I bought all my turnkeys out-of-state, love them, and now work with people buying turnkeys to help them through the process and find good folks, etc. Saw you PM-ed me...will respond more there!

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12,855
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1,377
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Mark Nolan
Pro Member
  • Professional
  • Carlsbad, CA
1,377
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12,855
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Mark Nolan
Pro Member
  • Professional
  • Carlsbad, CA
Replied Jun 30 2015, 10:47

@Luis Rolando

BP is full of useful resources such as forums and blogs. Welcome to the Bigger Pockets community-be sure to check out all the awesome BP blogs under “Learn.”

@Luis Rolando