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Updated about 5 years ago on . Most recent reply

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14
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5
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Aaron J.
  • West Haven, CT
5
Votes |
14
Posts

New Investor Introduction

Aaron J.
  • West Haven, CT
Posted

Hey guys,

I am not quite an investor yet, but am doing my research every day (most of which comes from BP). I constantly watch the forums and read the blogs, as well as listen to the podcasts. I want to introduce myself and start meeting people!

My name is Aaron Rosendale, but I go by A.J. and am 26 years old. I work full time in a warehouse and love the job, but have been considering where my life is going outside of work. Once I learned about real estate investing, I knew it was the path for me.

I am near New Haven, CT, and would like to buy my first couple properties close to home (within a 30 minute drive). After that, I plan on moving out of CT, and purchasing properties in the midwest, near the IL/MI area.

My ultimate goal is to double my current salary, through passive income rentals via buy and hold strategy. I like working everyday, but want security incase I either get laid off, or decide to leave. Because of this, I feel that a partner might be a good idea down the line.

My current situation is tough. I want to dive into the field, because working hands on is the best way for me to learn. Trial by fire had always worked in the past. Thing is, I am stuck in a lease and have no capital. Because of this, my loan options are limited to government backed loans, and they require owner occupancy. The one good thing I have, is credit. So if I find a partner to work with, I may be able to get this going without having to live in the property right away.

Right now, I am just looking for people to talk with and learn from. If you have any ideas on how to get started, or any stories from similar situations, I would love to hear them. Any recommendations are welcome, because I'm just trying to learn as much as possible. Thank you all!

Most Popular Reply

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17,873
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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
6,270
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17,873
Posts
Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
Replied

@Aaron J.

Welcome to the BP family! Glad you joined the best real estate investing website! 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

If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box. He or she will be notified of being tagged so that the conversation will continue.

Wishing you the best!

  • Dmitriy Fomichenko
  • (949) 228-9393
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