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Updated almost 9 years ago on .

User Stats

26
Posts
8
Votes
James Chung
  • Garfield, NJ
8
Votes |
26
Posts

Serious REI Newb/Prospect Looking for Local Mentor near 07621!!!

James Chung
  • Garfield, NJ
Posted

To experienced REI professionals in the Bergen County, NJ area...

I will be moving my family out of our apartment and into my in-law's home in Bergenfield NJ at the end of October 2016 in order to accomplish the following:

1) Stop paying rent - no more money being put into someone else's pocket!

2) Meet my goal of saving anywhere from 20-40K over the next 1-2 yrs (or more depending how long we decide to tough it out at the in-laws').

3) Learn as much as I can about REI in the process, with a focus on foreclosures and multifamily homes (whether it be buy and hold, flip, or other avenues) while developing a strong understanding of my local market's ebs/flows. I envision my first investment being a foreclosed duplex/triplex/fourplex in order to acquire a true asset that provides a roof and lateral cashflow opportunities simultaneously...then scale from there.

4) Find a local mentor who is willing to take me under their wing in exchange for value that I may be able to provide in return (I have some creative and not-so-creative ideas I'd love to share).

5) Eventually DO...

I am looking for someone to help fulfill #4 above. I work a full-time 8-5 job and am willing to dedicate my nights/wknds towards learning the ropes from a seasoned pro with similar interests. Ideally, I'd love to take you out for a cup of coffee or dinner, maybe demonstrate my likeability as well as my sincere desire to be a strong REI, discuss ways that I can give back without wasting your time, and let the relationship grow organically from there!

Thanks so much in advance for your time and consideration.

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