Newbie Investor from Newport Beach, California

Newbie Investor from Newport Beach, California

Insurance Agent · Phoenix, AZ · Member since 2014 · 148 posts · 66 votes

I'm Mike and I am coming from sunny Newport Beach, CA! We purchased a home last year and while we currently live in it we are looking now to see what is out there for buy-and-hold rental investments. I have heard great things about Bigger Pockets and now after listening to a couple of podcasts a day over the last week, this BP community is showing me there is hope to us finding great opportunities. I am a local fireman, a strong libertarian and a below-average fly fisherman. I look forward to learning more about the folks on the forums and perhaps I'll even meet some of you in person someday! We really look forward to buying several properties in the coming years throughout the country. 

In the name of Life, Liberty and the Pursuit of Happiness, thanks for having me!

Mike

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Costa Mesa, CA · Member since 2012 · 146 posts · 55 votes
12y

Welcome @Mike Bargetto ! There is a local, free Orange County meetup that meets once a month primarily for networking. The next meeting is August 20th at 7PM at Round Table Pizza - 22722 Lambert St #1705 Lake Forest, CA 92630

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  • Curt DavisBusiness Member
    Flipper/Rehabber · Memphis, TN · Member since 2008 · 5k+ posts · 2k+ votes
    12y

    welcome

    Curt Davis - KAIZEN Realty538 Reviews
  • Real Estate Investor · Tacoma, WA · Member since 2014 · 64 posts · 17 votes
    12y

    Welcome, Mike!  My husband and I are in a similar boat...Just purchased our first home together in the last year, and now working toward buy and hold properties (which we have accepted will likely come after a flip or two and perhaps some wholesale deals).  We are in the early stages of learning how this crazy game works, and we are finding BP to be an amazing community with a wealth of experience.  Good luck to you as you move forward!

  • Costa Mesa, CA · Member since 2012 · 146 posts · 55 votes
    12y

    Welcome @Mike Bargetto ! There is a local, free Orange County meetup that meets once a month primarily for networking. The next meeting is August 20th at 7PM at Round Table Pizza - 22722 Lambert St #1705 Lake Forest, CA 92630

  • Joe HomsBusiness Member
    Flipper · Mission Viejo, CA · Member since 2014 · 2k+ posts · 1k+ votes
    12y

    Welcome @Mike Bargetto

    See you at the next meeting.

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

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

    Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts

    Wishing you the best! 

  • Real Estate Coach · Venice Beach, CA · Member since 2012 · 6k+ posts · 3k+ votes
    12y

    Welcome! Newport is great, I have friends down there. I'm up in Venice. Also a buy and hold investor.

  • Specialist · Rockland, MA · Member since 2010 · 7k+ posts · 2k+ votes
    12y

    @Mike Bargetto 

    Welcome. My Dad was a Boston jake. Time to build the foundation below.

    Check out the Start Here page http://www.biggerpockets.com/starthere

    Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.

    Two Great reads, I bought both J. Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbook

    Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet wholesalers who provide deals and all the cash buyers (rehabbers) you will need.

    Consider checking out HUD homes for small multi's owner occupied gets first crack.

    You might consider Niche or Specialized Housing like student housing. Rents can be 2-4 times more. Remember you don't have to own a property to control it.

    Download BP’s newest book here some good due diligence in Chapter 10. Real Estate Rewind Starting over

    http://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-book

    Good luck

    Paul

  • Jacqueline MimsPro Member
    Involved In Real Estate · Cookeville, TN · Member since 2013 · 40 posts · 0 votes
    12y

    Welcome, Mike!

  • Insurance Agent · Phoenix, AZ · Member since 2014 · 148 posts · 66 votes
    12y

    Thank you everybody for the notes and votes last week! logging back on and will be digging deep into forums, old and new as I find what I am looking for.

    Dream with your eyes open,

    Mike

  • Investor/Accountant/Builder · Meno, OK · Member since 2014 · 1k+ posts · 918 votes
    12y

    heading to Newport Beach / balboa island for vacation. Be there tomorrow. An amazing place.

  • Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 31k+ posts · 20k+ votes
    12y

    @Mike Bargetto 

    welcome to the site.

  • Professional · San Diego, CA · Member since 2014 · 232 posts · 20 votes
    12y

    @Mike Bargetto Welcome to BP 

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

    Hey @Mike Bargetto welcome to the site! Definitely start jumping into the community here! Be sure to read through The Ultimate Beginner's Guide to Real Estate Investing to help you get started.

    Finally -be sure to setup some keyword alerts - especially for "Newport Beach" so you can jump into local conversations.

    See you around the forums!

  • Residential Real Estate Agent · LA County & Orange County, CA · Member since 2014 · 44 posts · 6 votes
    12y
    Welcome Mike Bargetto to BP! I'm a realtor in the Newport Beach/Irvine area with an investing background. I also have been farming that area too for my own leads. Message me know if you or your friend need help to search or list properties.
  • Laguna Hills, CA · Member since 2014 · 146 posts · 31 votes
    12y
    Welcome Mike Bargetto to BP! Great to have another like minded investor from OC.
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