New Rochester, NY investor

New Rochester, NY investor

Member since 2019 · 4 posts · 6 votes

Hello everyone! I'm relalatively new to biggerpockets. I've been listening to the podcasts for a few weeks learning what I can. I'm looking to start BRRRR investing in my hometown of Rochester, NY in the next six months so I'll be lurking around the forums

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Rental Property Investor · Rochester, NY · Member since 2013 · 162 posts · 127 votes
7y

@Khalil Cherry welcome to BP and here is excellent place to start. Also locally we have local meetups Freedom First Real Estate Investor's Association, Ltd (FFREIA) this organization and members are a great resources to connect with and network as well. Any reason why BRRRR Investing is something you want to pursues? Again, welcome!!

Alex

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  • Rental Property Investor · Rochester, NY · Member since 2013 · 162 posts · 127 votes
    7y

    @Khalil Cherry welcome to BP and here is excellent place to start. Also locally we have local meetups Freedom First Real Estate Investor's Association, Ltd (FFREIA) this organization and members are a great resources to connect with and network as well. Any reason why BRRRR Investing is something you want to pursues? Again, welcome!!

    Alex

  • Member since 2019 · 4 posts · 6 votes
    7y

    Thank you Alex! I want to get into BRRRR because I believe it's the best way for me to start investing with limited capital while also providing a way to quickly scale up my investment portfolio. I don't currently live in Rochester, but it's a more affordable market than where I live now, and I think it is fitting to invest money into the community I come from.

  • Rental Property Investor · Rochester, NY · Member since 2013 · 162 posts · 127 votes
    7y

    @Khalil Cherry You have the right mindset on your intentions for investing into BRRRR and selecting Rochester area as starting point. What are your timeline and your plan to build team here in Rochester?

    Alex

  • Investor · Rochester, NY · Member since 2015 · 499 posts · 169 votes
    7y

    Welcome!  Rochester has been good to me. Let me know if you have any specific questions.

  • Lender · Rochester, NY · Member since 2014 · 3k+ posts · 1k+ votes
    7y

    @Khalil Cherry

    Welcome to the site. I have several rentals in the area as well! The market is definitely a sellers market. Let me know if you have any Financing questions.

  • Member since 2019 · 4 posts · 6 votes
    7y

    @Alex Jones  I've given myself 6 months to build a good foundational education and to save the rest of my starting capital.  As far as a team goes, I'm not sure where to even begin.  If you have any advice or recommendations, I would appreciate that very much.

    @Martin Grizzanti and @Jerry Padilla Thank you both very much.

  • Member since 2019 · 13 posts · 0 votes
    7y

    will you be doing the rehabbing yourself ? if not pm me .Me and wife do that line of work everyday 

  • Rental Property Investor · Canandaigua, NY · Member since 2016 · 13 posts · 12 votes
    7y

    Welcome to the world of REI, @Khalil Cherry! I live about 30 minutes outside of Rochester. My husband and I have been investing for the last four years and love it! He's also a realtor so if you're ever looking for help with on market deals I can get you his info. Best wishes as you start to look for deals! 😊

  • Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
    7y

    @Khalil Cherry

    Welcome to the BP family! Good to have you here! Here are some recommendations for you:

    Find and connect with other BP members that are in your area:
    https://www.biggerpockets.com/search/users
    Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts
    Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing
    Check out BP Podcasts: https://www.biggerpockets.com/podcast

    Wishing you the best!

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