Hello everyone.Im a new member from Connecticut

Hello everyone.Im a new member from Connecticut

Real Estate Investor · Farmington, CT · Member since 2014 · 33 posts · 5 votes

Hi everyone!

My name is Bob Murphy. I'm from Connecticut and I just discovered Bigger Pockets a few months ago. I started listening to the podcast that I found on Itunes . I have been looking for information on real estate specifically how to raise private money, partnerships and information on off campus housing for college students . My son and I just purchased a single family home in Springfield Ma 3 Bedroom 1 bath up stairs and 2 bedrooms 1 bath in cellar We are currently getting $500-$600 a room with utilities My son is staying in one of those rooms He is a senior. We have been looking for the right house for a little while. We purchased the house with owner financing putting 10 % down 6 year balloon Using a cash advance for the down payment at 0% interest for a year the house is breaking this year and next year there will be a positive cash flow.

We intended to make a business in the off campus student housing market by offering high quality housing in good safe neighborhoods for the students

Just a little about my self . I had my own restaurant for over 10 years And closed it I few years ago. I am just doing a little catering for a friend of mine at the moment. I am a member of CT Rea and have been though there couching program and have spent a lot of time on personal development the last few years I would like a better way of life. I really enjoy the real estate business and I'm ready to get going with my new business. Looking forward to meeting up with a lot of you Thank You and God Bless

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Darren SagerPro Member
Investor · Tampa, FL · Member since 2013 · 2k+ posts · 1k+ votes
12y

Welcome to BP @Robert Murphy ! Thanks for taking the time to introduce yourself. I think a great way to begin using BP is to read the Bigger Pockets Ultimate Beginner's Guide to Real Estate Investing as Josh and Brandon did a great job with it.And now that you're here we'd love to see you be an active member of the BP community so be sure to set up Keywords Alerts for your local area such as "Farmington" or "Springfield" if you're looking to find potential opportunities for investing, education in a subject, or other members in your area. Use the Find Members area to network with other members who are local to you or are in an area you're wanting to invest in. Podcasts come out weekly and are great way to learn on the move. I find there's always a gold nuggets of information in each one and I go back to listen to a number of them multiple times.

If you appreciate a post that a fellow member put up responding to you be sure to say "Thank You!" by casting a vote for it. If you think a response you read is good or answers another member's question well cast a vote for it.It's our own version of liking something on Facebook provided you're familiar with that. Simply click the box in the upper right corner of the post!

If you want to get a member's direct attention in a post you're writing first type an @ and then a ?, (example: @?) and then wait..................... (sometimes longer than you might expect), for their name to appear below where you're writing, then be sure to click on it. IF it doesn't have their name highlighted in a blue background (like yours is above) it didn't work properly and you should try again. This will send them an email or an alert notifying them that you've mentioned them. Those alerts can also be seen if you mouse over the "Inbox" on the upper right menu bar and scroll down.

And lastly I highly recommend becoming a Plus or Pro member of the site and take advantage of all that BP has to offer you. It's like getting the keys to the kingdom. It will be one of the best investments you'll make when it comes your real estate investing.

Again welcome to Bigger Pockets!

See this reply in the discussion

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  • Investor · Chelsea, MI · Member since 2013 · 350 posts · 138 votes
    12y
    Robert Murphy , welcome to BP! Sounds like you already have a good grasp of things and are well on your way. There is a ton of great information and people here to help you along.
  • Multi-family Investor · Freeport, NY · Member since 2014 · 17 posts · 2 votes
    12y

    Welcome Bob, funny thing my son also a college student and I are also into off campus student rentals. We started a year ago. So far so good. I wish you well

  • Real Estate Investor · Farmington, CT · Member since 2014 · 33 posts · 5 votes
    12y

    Thank You Brett and Leonard for the welcome

  • Darren SagerPro Member
    Investor · Tampa, FL · Member since 2013 · 2k+ posts · 1k+ votes
    12y

    Welcome to BP @Robert Murphy ! Thanks for taking the time to introduce yourself. I think a great way to begin using BP is to read the Bigger Pockets Ultimate Beginner's Guide to Real Estate Investing as Josh and Brandon did a great job with it.And now that you're here we'd love to see you be an active member of the BP community so be sure to set up Keywords Alerts for your local area such as "Farmington" or "Springfield" if you're looking to find potential opportunities for investing, education in a subject, or other members in your area. Use the Find Members area to network with other members who are local to you or are in an area you're wanting to invest in. Podcasts come out weekly and are great way to learn on the move. I find there's always a gold nuggets of information in each one and I go back to listen to a number of them multiple times.

    If you appreciate a post that a fellow member put up responding to you be sure to say "Thank You!" by casting a vote for it. If you think a response you read is good or answers another member's question well cast a vote for it.It's our own version of liking something on Facebook provided you're familiar with that. Simply click the box in the upper right corner of the post!

    If you want to get a member's direct attention in a post you're writing first type an @ and then a ?, (example: @?) and then wait..................... (sometimes longer than you might expect), for their name to appear below where you're writing, then be sure to click on it. IF it doesn't have their name highlighted in a blue background (like yours is above) it didn't work properly and you should try again. This will send them an email or an alert notifying them that you've mentioned them. Those alerts can also be seen if you mouse over the "Inbox" on the upper right menu bar and scroll down.

    And lastly I highly recommend becoming a Plus or Pro member of the site and take advantage of all that BP has to offer you. It's like getting the keys to the kingdom. It will be one of the best investments you'll make when it comes your real estate investing.

    Again welcome to Bigger Pockets!

  • Real Estate Investor · Farmington, CT · Member since 2014 · 33 posts · 5 votes
    12y

    Thank You for the advice@Darren Sager Hay it works thanks again

  • Darren SagerPro Member
    Investor · Tampa, FL · Member since 2013 · 2k+ posts · 1k+ votes
    12y

    My pleasure @Robert Murphy !

  • J. MartinPro Member
    Rental Property Investor · Oakland, CA · Member since 2011 · 3k+ posts · 2k+ votes
    12y

    Welcome Robert. There are a lot of super helpful people and great advice on this site! I’m a ‘fix and hold’ investor from the Bay Area in CA, and loving it! A lot of others doing flips, wholesaling, notes, everything.. A few tips..

    You can tag people by typing @ before you type their name, then clicking their name when it pops up at the bottom of the message box. You can click on the ‘vote’ button if you like someone's post or is helpful, and there are ‘awards’ to earn on your profile. The "Learn" link across the top navigation bar has lots of great info, and most importantly, the BP members! Welcome to BP, and good luck on your investments!

  • Landlord and Rehabber · Newton, MA · Member since 2010 · 2k+ posts · 877 votes
    12y

    Hey Bob, Welcome to BP.

    This is a great place to learn and meet new people (as you have seen!). Keep up with the podcasts, as well as read all the articles on the main blog and be active in the forums and it will give you a great education in real estate very fast.

    Sounds like you are off to a great start. Lots of people are scared off by Springfield so if you aren't you can get a lot of the deals with less competition.

  • FL · Member since 2009 · 2k+ posts · 357 votes
    12y

    @Robert Murphy,

    Welcome to the Best Real Estate Site on the Net.

    It is always nice to see another Ct., resident in the forums.

    Click on the "learn tab" at the top of this page, and you could be spending many hours on the Information that is available.

    Raymond

  • Investor · Milford, CT · Member since 2012 · 592 posts · 285 votes
    12y

    Welcome, always great to hear more Connecticut investors here.

  • Investor · Middletown, RI · Member since 2008 · 174 posts · 27 votes
    12y

    Welcome @Robert Murphy to BP. This is by far one of the best sites out there for the real estate investor. The resources available here are invaluable. I really enjoy the podcasts myself.

    I'm very interested to see how you do in the student housing market. I was initially interested in doing that myself but decided to get into flipping instead for a variety of reasons. Sounds like you have a good business model though, "high quality housing in good safe neighborhoods for the students".

    My own daughter will be entering college in 3 years so it may be a viable alternative to the typical student housing options. There would be no shortage of potential tenants. My primary concern would be in properly screening them though.

    Best of luck!

    Jim

  • Investor · Charlotte, NC · Member since 2013 · 159 posts · 44 votes
    12y

    Welcome @Robert Murphy from a fellow CT investor. Great strategy with the college students. Good luck, and keep us posted on your progress.

  • Denver, CO · Member since 2014 · 220 posts · 18 votes
    12y

    From one Murphy to another, welcome to BP @Robert Murphy!

  • Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
    12y

    @Robert Murphy

    Welcome to BP community! It is a great place to meet new friends and learn about various aspects of real estate and more.

    Wishing you the best!

  • Financial Advisor · Lexington, KY · Member since 2012 · 150 posts · 66 votes
    12y

    @Robert Murphy Welcome to BiggerPockets! Grew up in the Hartford area and spent my freshman year at Springfield College so I know that and the WNEC area well. Best of luck to you!

  • Real Estate Broker · Orange, CT · Member since 2013 · 951 posts · 218 votes
    12y

    Welcome Robert, great to see another CT Investor.

  • Brandon TurnerPro Member
    Investor · Maui, HI · Member since 2009 · 13k+ posts · 3k+ votes
    12y

    Hey @Robert Murphy welcome to BP!

  • Real Estate Investor · Farmington, CT · Member since 2014 · 33 posts · 5 votes
    12y

    Thanks for the welcome and tips@JMartin just accepted colleague request

  • Real Estate Investor · Farmington, CT · Member since 2014 · 33 posts · 5 votes
    12y

    Just a shout out to my Connecticut colleagues thanks for the welcome@Jim Lally,@Salvatoe Rodinelli , @Plil Z This site is awesome I cant believe the response back see you around

  • FL · Member since 2009 · 2k+ posts · 357 votes
    12y

    @Robert Murphy,

    To make the @ work, do the following:

    Hold down the shift key and type @?

    Look below this Window, and you will see a list of names of people that have posted in this thread.

    Click on the name of the person that you want notified via an email, that you responded to them.

    If you are a Colleague with anyone that has NOT posted in the thread, and you want them to see your post, hold down the shift key, type the @ and the first 4 letters of their First or Last Name.

    Then look below this Window and click on that person's name.

    Raymond

  • Real Estate Investor · Farmington, CT · Member since 2014 · 33 posts · 5 votes
    12y

    @Raymond B. ? Thank You I think I got it

  • Real Estate Investor · Farmington, CT · Member since 2014 · 33 posts · 5 votes
    12y

    Thank You for the welcome@Brandon Turner Love this site and your podcast informative and entertaining Ive been through 6 of them looking forward to checking them all out real soon Thanks again Robert Murphy

  • Investor and Property Manager · Waterbury, CT · Member since 2013 · 36 posts · 12 votes
    12y

    Nice to "meet" you Bob. I'm pretty new on here myself but always looking to network. I have a couple of properties and am based in Waterbury. Much success! Eli

  • Real Estate Investor · Farmington, CT · Member since 2014 · 33 posts · 5 votes
    12y

    @Eli Freedman Thanks for the welcome. Looking forword to hooking up Love Waterbury spent a few summers age sell ice cream on a ice cream truck had a blast

  • Real Estate Investor · Farmington, CT · Member since 2014 · 33 posts · 5 votes
    12y

    @Account Closed

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