Here to learn about real estate investing

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  • Jared Smith
    Real Estate Agent · Lakeland, TN · Member since 2015 · 214 posts · 105 votes
    1y

    @Gopi Goswami welcome and congratulations on getting started! Have you narrowed down a locations yet? We work with many investors in New Jersey, New York, and CT on but and hold strategies in the Midwest/Midsouth. 

    Good luck getting started!

    0Reply
  • Gopi Goswami
    OP
    Member since 2024 · 11 posts · 4 votes
    1y

    Hi Jared, Thanks for your note! We are looking into our neighboring towns in NJ. We plan to do out of state investments down the line.

    0Reply
  • Shawn McenteerBusiness Member
    Realtor · Boonton Township, NJ · Member since 2013 · 2k+ posts · 1k+ votes
    1y

    Hi @Gopi Goswami buy and hold is a great way to go.  Are you considering house hacking?   

    973-975-3895
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  • Gopi Goswami
    OP
    Member since 2024 · 11 posts · 4 votes
    1y

    Hi @Shawn Mcenteer, We are looking at single and small multi family homes at this time. Thanks!

    0Reply
    • Shawn McenteerBusiness Member
      Realtor · Boonton Township, NJ · Member since 2013 · 2k+ posts · 1k+ votes
      1y
      Quote from @Gopi Goswami:

      Hi @Shawn Mcenteer, We are looking at single and small multi family homes at this time. Thanks!

      Single family to multi family makes huge difference down the road, are you familiar with lending regulations for purchasing a single family first then trying to buy a multi after? 
      973-975-3895
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  • Wale LawalBusiness Member
    Real Estate Broker · Houston | Dallas | Austin, TX · Member since 2018 · 5k+ posts · 2k+ votes
    1y

    @Gopi Goswami

    That's a great starting point—buy and hold investing is a solid way to build long-term wealth. Since you're already learning from BiggerPockets, focus on finding cash-flowing properties in strong rental markets and understanding financing options like conventional, DSCR, or house hacking loans. Start by analyzing deals, networking with local investors, and setting clear goals for your first purchase.

    Good luck!

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  • Shawn AckermanPro Member
    Real Estate Entrepreneur · Mid West, East Coast · Member since 2015 · 3k+ posts · 1k+ votes
    1y

    Hello @Gopi Goswami Congrats with getting started on your REI journey! Remember, this is a marathon not a sprint. I would focus on analyzing real estate deals so that you will know what constitutes a "deal" to you.

    Any deal should have at least cash flow or equity and sometimes you find a deal that is great with both. You make your money on the purchase!

    0Reply
  • Jay ThomasPro Member
    Real Estate Agent · Houston, TX · Member since 2021 · 1k+ posts · 715 votes
    1y

    Hey Gopi, welcome to the community.

    Wishing you the best on your journey.

    [email protected]832-889-5607
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  • Gopi Goswami
    OP
    Member since 2024 · 11 posts · 4 votes
    1y

    @Wale Lawal, Thanks for your nice note. I'll take your advice and start analyzing deals as a starting point.

    1Reply
  • Gopi Goswami
    OP
    Member since 2024 · 11 posts · 4 votes
    1y

    @Shawn Ackerman, Thanks for your nice note. I'm going to start analyzing deals, as you suggested as my first step.

    0Reply
  • Gopi Goswami
    OP
    Member since 2024 · 11 posts · 4 votes
    1y

    @Jay Thomas, Thanks for your nice note.

    0Reply
  • Gopi Goswami
    OP
    Member since 2024 · 11 posts · 4 votes
    1y

    To all who have shared their words of wisdom and offered help, I deeply appreciate your kindness. This is a great and welcoming community. I'm looking forward to my journey.

    0Reply
  • Samuel DioufBusiness Member
    Real Estate Agent · Columbus & Cleveland, OH · Member since 2023 · 1k+ posts · 1k+ votes
    1y

    Welcome to Bigger Pockets Gopi!

    It helps to network with as many people in the industry as you can. A great way to start is by attending RE events and joining a local investors association. You can usually find some events by doing a simple google search.

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  • Gopi Goswami
    OP
    Member since 2024 · 11 posts · 4 votes
    1y

    @Samuel Diouf, I'll look into RE events and local investor clubs. Thanks for the pointer.

    0Reply
  • Jonathan Soto
    Lender · Newark, NJ · Member since 2016 · 695 posts · 252 votes
    1y

    Welcome Gopi, best of luck on your journey

    0Reply
  • Gopi Goswami
    OP
    Member since 2024 · 11 posts · 4 votes
    1y

    @Jonathan Soto, Thanks for your nice note.

    0Reply
  • Gopi Goswami
    OP
    Member since 2024 · 11 posts · 4 votes
    1y

    @Account Closed, Thanks for the proposal. It certainly sounds like a promising opportunity. However, the time isn't right for me. If I'm interested to explore this avenue in the future, I'll reach out to you. Thanks!

    0Reply
  • Katie Holmes
    Investor · United States · Member since 2022 · 55 posts · 15 votes
    1y

    Welcome to Bigger Pockets! We've seen success in Newark. Excited for you to start your journey!

    0Reply
  • Gopi Goswami
    OP
    Member since 2024 · 11 posts · 4 votes
    1y

    @Katie Holmes, Thanks for your kind note. We live close to Newark. I must have done something odd while registering for the first time. The website thinks Newark is my location. Close enough! 

    1Reply
  • Katie Holmes
    Investor · United States · Member since 2022 · 55 posts · 15 votes
    1y

    @Gopi Goswami Oh interesting! Makes sense!

    0Reply
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