Aspiring investor in eastern CT
Hello BP!
My name is Gary. I have always had a dream of being a real estate investor, but until I started seriously looking into what it takes, I thought my goals were unattainable without massive cash reserves. After browsing bigger pockets forums and listening to the podcast for the last few months I realize that my dream is quite closer to me than I previously assumed. My craving for knowledge in this subject has yet to subside.
I am interested in buy and hold investing, mainly for the monthly cash flow, but I am open to other REI techniques as well.
My plan is to buy a multi family in my area using FHA or 203k, and live in one of the units while we (my girlfriend and I) become accustomed to the managing aspects/landlording. And when we are ready, execute the BRRRR strategy with plans to repeat as many times as we can.
For now I am here to gain knowledge and possibly connect with people from my area. I will not be ready to find a deal for about a year (just signed new lease on my current living space), allowing me to save even more.
Any local events, tips, or contacts are appreciated! Thanks- Gary
Most Popular Reply
Welcome to Bigger Pockets. I love eastern Ct and there are some great properties available for your first transaction. Reach out if I can answer any questions. Wishing you great success.