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Updated almost 9 years ago on . Most recent reply

User Stats

16
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4
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Sean McFadden
  • New to Real Estate
  • Mystic, CT
4
Votes |
16
Posts

New Member from Hopkinton, Rhode Island

Sean McFadden
  • New to Real Estate
  • Mystic, CT
Posted

Hello everyone!

I just spent the past 27 hours of a cross country road trip binge listening to the first 27 BiggerPockets podcasts, and wanted to come here to say. I'm hooked. I wanted to post this introduction earlier, but the app was a little wonky with uploading a mobile picture from the phone, and wanted to appear as professional as possible when putting my name out there.

My name is Sean, and I am a 23 year old living in Hopkinton Rhode Island. I graduated with a BS in Business Management last May, and have since hopped between a few jobs, failing to find anything that I could be really engaged in.

When my stepfather suggested that I get into a real estate deal with home upon moving back home (was in San Diego for about 6 months) I agreed to the idea, thought about it, and did a little research. BiggerPockets was the result of the research and I have since been taking in as much information as I possibly can.

My long term goals are to run a successful real estate company with broad exposure to different types of deals in several markets. If they exist, I'd like to incorporate strategies that insulate my assets against the potential threat of economic collapse, although I realize losses are inevitable.

Short term I'd like to flip my first house. Whether I turn a profit or not is not too big of an issue. I'd like to partner up with a friend who is also a recent graduate, former marine, and who has greater personable skills to complement my operational knowledge (developing procedures and guidelines in order to make consistently well informed decisions).

I have a pretty considerable appetite for risk. I'm willing to gamble a loan on a house with little to no skin at the game at first. My biggest issue is finding that capital, especially given my relatively low utilization of credit and inexperience in the market. 

I'm excited to get started on my research and actionable steps and am hoping to hear from you all!

Most Popular Reply

User Stats

70
Posts
28
Votes
Marc Carlson
  • Real Estate Agent
  • Riverside, RI
28
Votes |
70
Posts
Marc Carlson
  • Real Estate Agent
  • Riverside, RI
Replied

Hi @Sean McFadden,

Welcome to Bigger Pockets, and to real estate investing.  I am a Realtor, and beginner investor, in Rhode Island.  There is a great investors group that meets the third Thursday of each month in Warwick.  You can find all the details at www.rireig.com .

Let me know if I can help in anyway, I hope to connect with you

Marc 

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