New invester couple in Groton Connecticut

New invester couple in Groton Connecticut

Property Manager · Groton, CT · Member since 2017 · 130 posts · 81 votes

Good evening BP!! My wife and I are of course new to the REI world. I mean why else would I be posting in the "New Member Introductions" form?? HAHA We are not originally from New England, we are both Mid West transplants. Go Packers!

We currently have one commercial property that we've renovated for my wife's practice with a few offices that we still need to rent.  We also own our primary residence which I sorta house hacked for the first 3 years we lived there.

We have plans for purchasing 3-4 more properties in the next 5 years. We plan to buy, rehab and hold SFH or MFH for cash flow with an ultimate goal to have several mixed use units WAAAY down the road.

We both have JOBs and as of right now don't plan on doing this full time, but that will depend on how all this goes.

Joining BiggerPockers seemed like a no-brainer. I wish every decision in REI was that easy! I have been living on this site for the past couple months now reading and learning and finally decided to post an introduction here.

Thank you everyone in advance for all the information on this site, it really is an indespensible resource!

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Rental Property Investor · Carlisle, PA · Member since 2013 · 1k+ posts · 543 votes
9y

@David Wolber, I like the employment markets.  Defense industry with Sikorsky, GE, and the naval and coast guard presence.  I like the proximity to major markets, Boston and New York City.  I also like the proximity to sub-major markets, Springfield, Providence, Bridgeport, Hartford, even New Haven to a degree.

Median household income is higher which is a plus, of course that drives the housing market which can be both good and bad.

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  • Rick SantasierePro Member
    Real Estate Broker · Granby, CT · Member since 2015 · 694 posts · 317 votes
    9y

    @David Wolber welcome!! Glad to see more couples out there in the REI space. Great that you have some commercial space, that's always fun. If you ever want to connect, feel free to PM me. I am an active investor in CT, and run a small real estate brokerage "up north." We are always looking to connect with like minded people, and will be expanding into your area soon! Reach out any time David, and again, welcome to BP!!

  • Lender · Branford, CT · Member since 2015 · 97 posts · 30 votes
    9y
    Welcome to BP. There are so many great contacts with vast amounts of knowledge. Reach out with questions and they will be answered. Best Donna
  • Rental Property Investor · Carlisle, PA · Member since 2013 · 1k+ posts · 543 votes
    9y

    @David Wolber, welcome to BP.  The site is great for networking and education.  I like the CT market a lot, although it can be challenging in some areas.  Good luck!!

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

    @David Wolber

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

  • Property Manager · Groton, CT · Member since 2017 · 130 posts · 81 votes
    9y

    @Rick Santasiere Thanks!  We haven't been able to connect with too many REIs since our day JOBs are 2nd shift and evening get togethers never work for us unfortunately.

  • Property Manager · Groton, CT · Member since 2017 · 130 posts · 81 votes
    9y

    @Donna Genovese Thanks!  Will DO!

    @Kevin Hunter We are just diving into this crazy market.  It's interesting around the Groton area since we have the base and with EB building their work force it's all very exciting right now!  What did you like about the CT market? 

    @Mark Nolan Thanks! We're learning that quickly. 

  • Rick SantasierePro Member
    Real Estate Broker · Granby, CT · Member since 2015 · 694 posts · 317 votes
    9y
    David Wolber let's connect and have a quick chat on the phone, even if we can't get the chance to meet and have coffee, it would be great for us to chat! We have some pretty exciting things happening on our end and connecting would be awesome. PM me here any time or feel free to reach directly out to me via voice, email or text. Hope to chat soon!!
  • Real Estate Broker · Charlotte, NC · Member since 2016 · 569 posts · 351 votes
    9y

    Welcome here in Biggerpockets World, yeah you are in the right track for your carrier success.You can gain also more knowledge through with the members success stories.

  • Rental Property Investor · Carlisle, PA · Member since 2013 · 1k+ posts · 543 votes
    9y

    @David Wolber, I like the employment markets.  Defense industry with Sikorsky, GE, and the naval and coast guard presence.  I like the proximity to major markets, Boston and New York City.  I also like the proximity to sub-major markets, Springfield, Providence, Bridgeport, Hartford, even New Haven to a degree.

    Median household income is higher which is a plus, of course that drives the housing market which can be both good and bad.

  • William CollinsPro Member
    Investor · Rocky Hill, CT · Member since 2013 · 373 posts · 299 votes
    9y

    Welcome @David Wolber you should look at maybe AirBNB possibilities too due to your proximitiy to the beach.

  • Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
    9y

    @David Wolber

    Welcome to the BP family! Here are some recommendations for you:

    Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meet
    Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts
    Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing
    Check out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/

    Wishing you the best!

  • Property Manager · Groton, CT · Member since 2017 · 130 posts · 81 votes
    9y

    @Rick Santasiere I would love to!  Buuuut...uhhh...i don't know how to PM you!  HAHAHAHA  I currently working on that.

  • Property Manager · Groton, CT · Member since 2017 · 130 posts · 81 votes
    9y

    @Kai Kopsch Thanks!  I have stumbled upon the member success stories, and wow, what inspiration!!

  • Property Manager · Groton, CT · Member since 2017 · 130 posts · 81 votes
    9y

    @William Collins That is a FANTASTIC idea!!!  Do you have any experience working with AirBNB?  We've looked at using the service, but never being a part of it.  Any thoughts on distance to the beach threshold?  Groton is still a good 30min drive to the better RI beaches.

  • Rick SantasierePro Member
    Real Estate Broker · Granby, CT · Member since 2015 · 694 posts · 317 votes
    9y

    @David Wolber, you can now that I accepted your colleague request. Look forward to connecting!

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