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Updated 28 days ago on . Most recent reply

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2
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Rick Ellsberry
  • Southern California
7
Votes |
2
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Hello Bigger Pockets group - New investor here.

Rick Ellsberry
  • Southern California
Posted

Hello All,

I'm new to real estate investing. I've spent the last 25 years as a firefighter. I'm close to retirement. I have 3-5 years left before I retire. I'm interested in learning how to invest in real estate in my retirement. I have been in the real estate space a couple of times throughout the last 25 years. I was a real estate agent for 2 year 20 years ago. I worked as a loan officer for 2 years about 5 years ago. When I promoted to a Battalion Chief, I just didn't have time to be a loan officer anymore. Now I have time again to dedicate to learning. I'm interested in investing long distance, since everything in California is really expensive. I have read a number of books on investing and am particularly interested in the BRRRR strategy.

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973
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Kerlous Tadres
  • Realtor
  • Columbus, OH
908
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973
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Kerlous Tadres
  • Realtor
  • Columbus, OH
Replied
Quote from @Rick Ellsberry:

Hello All,

I'm new to real estate investing. I've spent the last 25 years as a firefighter. I'm close to retirement. I have 3-5 years left before I retire. I'm interested in learning how to invest in real estate in my retirement. I have been in the real estate space a couple of times throughout the last 25 years. I was a real estate agent for 2 year 20 years ago. I worked as a loan officer for 2 years about 5 years ago. When I promoted to a Battalion Chief, I just didn't have time to be a loan officer anymore. Now I have time again to dedicate to learning. I'm interested in investing long distance, since everything in California is really expensive. I have read a number of books on investing and am particularly interested in the BRRRR strategy.


Hey Rick, welcome to BP! I would look into the Midwest markets if you were planning on doing BRRRR's. Investing in multi-family in general will help you out the most, more than anything else. The first couple of things that I would do though, is to choose a city, state to invest in and then build your CORE 4 with a great realtor to help connect you with a great contractor, property manager, and attorney!

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Kerlous Tadres | Reafco Real Estate
5.0 stars
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