Just moved to San Francisco from Germany - new to investing

Just moved to San Francisco from Germany - new to investing

San Diego, CA · Member since 2016 · 8 posts · 6 votes

Good evening, 

my name is Janet, 28 and I just moved from Hamburg, Germany to San Francisco. I already lived here  1 ½ year while doing my Master Degree in International Business 5 years ago. 

San Francisco is the place to be for my american Fiancè and me. He just started working here for a german mobile tech company. For me, I want to gain knowledge about how to invest in apartments. I am new to investing, although my family invested in some properties back in Germany, where I helped with. But San Francisco and the USA is totally different, so I joined this forum to learn as much as possible. 

Furthermore I am a communicative person and I would love to find people with investment experience in San Francisco, who would be open to meet for a coffee and talk about this topic further. 

I have in mind to (slowly) build a portfolio of apartments, which I rent out to tenants and which I manage. Back in Germany, I was managing an apartment renting company, which I really enjoyed because I love to organize and coordinate :). That´s what´s on my mind right now, but I am actually very open to learn about different investment methods here in San Francisco and which will fit me best. 

Looking very much forward to get in touch with nice, positive and knowledgable persons!

Cheers,

Janet 

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  • Irving, TX · Member since 2016 · 140 posts · 19 votes
    10y

    Welcome to BP, i am an american investor (beginner) and i have learned alot here so i think that you will as well with other investors, im looking to do the same with investors in Dallas, Texas with meeting and sharing knowledge as well as "how-to" invest. Good luck in america

  • Irving, TX · Member since 2016 · 140 posts · 19 votes
    10y

    Welcome to BP, i am an american investor (beginner) and i have learned alot here so i think that you will as well with other investors, im looking to do the same with investors in Dallas, Texas with meeting and sharing knowledge as well as "how-to" invest. Good luck in america

  • San Diego, CA · Member since 2016 · 8 posts · 6 votes
    10y

    Thank you very much, Ramar! Appreciate it.

  • Specialist · Rockland, MA · Member since 2010 · 7k+ posts · 2k+ votes
    10y

    @Janet Miriam Maron

    Welcome.

    Check out the BP resources they will be very helpful for you

    Start Here page http://www.biggerpockets.com/starthere

    BiggerPockets Ultimate Beginner's Guide

    BiggerPockets Podcast

    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 rehabbers (cash buyers). Find them through Google and meetup.com

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

    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

  • Rock Hill, SC · Member since 2015 · 1k+ posts · 597 votes
    10y
    Originally posted by @Janet Miriam Maron:

    Good evening, 

    my name is Janet, 28 and I just moved from Hamburg, Germany to San Francisco. I already lived here  1 ½ year while doing my Master Degree in International Business 5 years ago. 

    San Francisco is the place to be for my american Fiancè and me. He just started working here for a german mobile tech company. For me, I want to gain knowledge about how to invest in apartments. I am new to investing, although my family invested in some properties back in Germany, where I helped with. But San Francisco and the USA is totally different, so I joined this forum to learn as much as possible. 

    Furthermore I am a communicative person and I would love to find people with investment experience in San Francisco, who would be open to meet for a coffee and talk about this topic further. 

    I have in mind to (slowly) build a portfolio of apartments, which I rent out to tenants and which I manage. Back in Germany, I was managing an apartment renting company, which I really enjoyed because I love to organize and coordinate :). That´s what´s on my mind right now, but I am actually very open to learn about different investment methods here in San Francisco and which will fit me best. 

    Looking very much forward to get in touch with nice, positive and knowledgable persons!

    Cheers,

    Janet 

    Welcome you are in the right place.

    I would look up @Brian Burke

    Alex

  • Investor · King of Prussia, PA · Member since 2014 · 1k+ posts · 339 votes
    10y

    @Janet Miriam Maron welcome to BP! Best/first thing to do is get educated. Read read read! Read books on investing in real estate, listen to the podcasts, attend webinars and stay active on the forums while connecting with other investors in your area and pick a niche. Best of luck!

  • Jo-Ann LapinPro Member
    Loan Officer · Tustin, CA · Member since 2015 · 3k+ posts · 713 votes
    10y

    welcome everyone has given wonderful info. I also suggest joining a local meet up and attending some investment clubs

  • Home Stager · San Luis Obispo, CA · Member since 2016 · 312 posts · 49 votes
    10y

    good morning janet, welcome! newbie here too. just wished to introduce myself. formerly from washington, dc, i'm just getting started in the staging arena in california and i'm looking to make some connections as well. sounds like you have a great backround for your new endeavors! cheers and sincerely, sydney

  • Chicago, IL · Member since 2016 · 20 posts · 4 votes
    10y
    Welcome Janet Miriam Maron ! Wealth of information, but it sounds like you've got a head start based on your prior experience. I would take a look at the BiggerPockets Meetups under the tab Community-->Networking Events. I went to my first one last week, and really enjoyed it!
  • San Diego, CA · Member since 2016 · 8 posts · 6 votes
    10y

    Thank you so much! So many valuable tips, everyone is helpful to me. I totally agree with you, 

    @Ayodeji Kuponiyi education is key. Very excited to be in this forum, thank you!

  • Kitchener-Waterloo, Ontario · Member since 2015 · 85 posts · 28 votes
    10y

    @Janet Miriam Maron Welcome to BP. You've joined the right group with plenty of investing tips.

    Since you are from Germany and therefore familiar with foreign real estate investment portfolios, if you are interested in information of the Japan property market, do let me know. Properties are much more affordable with higher yield than the U.S. The focus, is more on cash flow, rather than capital gain. It is also a safe and transparent market which is one of the main attractions to foreign investors.

    Nice to meet you on the forum. Good luck!

  • Real Estate Agent · San Francisco, CA · Member since 2015 · 69 posts · 16 votes
    10y

    Welcome to BP and even more, welcome to San Francisco! You live in an amazing city, and my favorite in the world. Congrats on your upcoming wedding as well! 

  • Investor · Vallejo, CA · Member since 2016 · 72 posts · 25 votes
    10y

    Welcome to S.F and BP. I just joined BP recently but I'm a S.F. native. It's my dream to invest in S.F but it's extremely expensive but it will manifest for me one day. One step at a time. I'm currently investing in Vallejo, Ca which is approx 30-35 mins away from S.F. I'm also looking to invest out of state for more cash flow. Feel free to reach out if you have any questions. 

  • Residential Real Estate Broker · San Mateo, CA · Member since 2013 · 585 posts · 264 votes
    10y

    @Janet Miriam Maron welcome! Property investing is a bit different out here compared to a lot of places in Europe (England in particular where I was for some time) but I think you will love it! Financing is a bit "cleaner" IMO.

    Definitely try and attend the SF Meetup if you can. Great one with tons of local BPers attending.

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