New member from Murrieta / South Orange County (Newport Beach)

New member from Murrieta / South Orange County (Newport Beach)

Real Estate Investor · Murrieta, CA · Member since 2016 · 34 posts · 11 votes

Hi!

I am a recent member to this site and wanted to take the opportunity to introduce myself and hopefully have a chance to network!

To give you a little background on myself, I have a BS in Business Administration and am currently working as an active, licensed CPA for Aviation Capital Group (aircraft lessor in south Orange County). My role is multi-faceted but can be boiled down to 3 main areas: accounting, financial reporting (both financial statements (domestic and foreign) and debt offering memorandums), and financial analysis. My wife’s family lives in Murrieta so we (read: her) decided to raise our family there.

My ultimate goal is to one day retire from the corporate life and focus on real estate investing, exactly what aspect of real estate I don't know, but as I progress through this industry I hope to develop an affinity to something. My current employer purchases narrow body aircraft and leases them to airlines throughout the world so many of the economic principles (prudent asset/liability management, active asset management and conservative cash flow management) and analytical metrics (margin/spread analysis, IRR, ROA, etc) translate well to the real estate industry.

I’ve been reading books/blogs and listening to podcasts and 2 things have become evident to me:

1 – the more I learn the more I see how little I know and,

2 – there is a myriad of ways to find, finance and exit a property.

I would really value the opportunity to meet with real estate investors to get a first person perspective on the Southern California real estate market as well discuss investing strategies, if possible, perhaps I could use my financial background to assist in crunching numbers or interrogate data. My short term goal is to have my first deal under my belt by next spring/summer. So if anyone is agreeable to meet, perhaps over coffee or a meal, please let me know either by replying to this post and we can exchange contact information.

I am very excited about the journey in front of me and hope to hear from you!

Jairo Garcia

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  • Residential Real Estate Broker · Perris, CA · Member since 2016 · 11 posts · 3 votes
    9y

    Hello Jairo Garcia, 

    Welcome to BP! I'm located just north of Murrieta, near Lake Elsinore. I'd be happy to meet with you one day to discuss the SoCal investing market over a cup of coffee...let me know when you're available and we can set something up. 

  • Real Estate Investor · Murrieta, CA · Member since 2016 · 34 posts · 11 votes
    9y

    Great! Since I work in Newport Beach, I'm only in the area weekday evenings and weekends. I'm not sure if we're allowed to post contact information on this thread so I'll PM you and we can agree on a time and place. 

  • Professional · Carlsbad, CA · Member since 2012 · 12k+ posts · 1k+ votes
    9y

    @Jairo Garcia

    Welcome to Bigger Pockets. You are at the right place to learn about real estate investing.

  • Real Estate Investor · Murrieta, CA · Member since 2016 · 34 posts · 11 votes
    9y

    @Mark Nolan

    Thanks! I feel fortunate to have found this resource prior to making any investment decisions. 

  • Flipper/Rehabber · Tustin, CA · Member since 2015 · 433 posts · 103 votes
    9y

    Hello @Jairo Garcia. Welcome to the club. As you can tell there is plenty to absorb here. You've definitely found a great resource. I currently flip homes mainly in LA and Orange Counties. Feel free to reach out if you think there's any questions that I can help answer. Good luck on your journey. It'll be a fun one, I'm sure!

  • Real Estate Investor · Murrieta, CA · Member since 2016 · 34 posts · 11 votes
    9y

    @Polar Prutaseranee Thank you so much for welcoming me and making yourself available as a resource. From the short time I've been here it appears this is a very supportive community.

  • Investor · Los Angeles, CA · Member since 2015 · 325 posts · 75 votes
    9y

    Hey @Jairo Garcia

    Welcome to BP! Their is tons to absorb here. I reside in Orange, CA and invest in east coast states. I help and show people how to create streams of income through multi-family apartment assets. Would be happy to connect! Talk soon 

    -Carlos 

  • Brett SynickyPro Member
    Solo 401k and SDIRA Consultant · Orange, CA · Member since 2013 · 877 posts · 501 votes
    9y

    Hi @Jairo Garcia,

    You just made one of the best networking decisions available!

    Don’t forget to set up your keyword alerts so you’ll be notified when a forum post mentions something you’re interested in:

    http://www.biggerpockets.com/alerts

    Check out this page to find BP members near you:

    http://www.biggerpockets.com/meet

    Best of luck!

  • Real Estate Investor · Murrieta, CA · Member since 2016 · 34 posts · 11 votes
    9y

    @Brett Synicky thanks for the advice! I will most definitely set up some key word alerts. 

  • Home Stager · San Luis Obispo, CA · Member since 2016 · 312 posts · 49 votes
    9y

    welcome to bp jairo!!

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