Newbie from San Francisco, California

[Adam Treboutat]

Hey everyone! I joined BiggerPockets over a year ago but focused on refining my savings/spending strategy before embarking on my real estate journey. I have a plan to reach Financial Independence at the age of 35 (I am almost 27), and my goal is to use Real Estate Investing to speed up my trajectory and reach FI earlier.

I grew up in Marin County, California and am now working in the tech industry in San Francisco. I have been interested in real estate investing for a few years now. My mom owns a couple houses but has a very different style than me. I am analytical and process focused whereas she is persistent and controlling. This strategy works for her but I want to branch out and invest with my own real estate partner (also a mid-20s tech professional).

My partner and I went through a process of examining our strengths and weaknesses and our "investor profile". We do not necessarily need to stay local, we are also open to out-of-state investing. We were hoping to receive advice on the niches we could look into that match our strengths and investor profile. 

Strengths

• Capital/down payment
• Connections to people who have dealt with residential properties
• Analytical
• People/business management
• Processes and efficiency
• Ability to delegate
• Problem solvers
• Entrepreneurial
• Tech savvy - Readily available & quickly able to find deals once we set up our criteria

Weaknesses

• Time and effort (have full time jobs BUT are not tied to our work day and night)
• Minimal real estate experience and knowledge
• Lack of trusted partners/network
• Not handy/no labor
• No legal help
• Minimal tax knowledge

Investor Profile

• Long term time frame
• Passive income as opposed to capital gains
• Fewer, larger assets
• Non-cyclical, consistent investment
• Contrarian
• Simple operations
• Active investment (so we can learn)

Thank you so much for the help!

[Matt Leavell]

@Adam Treboutat If you decide to invest in Nashville, reach out to me.  I do not buy and sell, but can certainly give you a perspective from a property manager's point of view and what you can expect to happen after you buy the property.