NEW Member Intro - Cary from Reno, Nevada

9 Replies

Hi all,

Just getting started with BP and it’s a pleasure to meet everyone! I’m a newbie to the real estate investing game, but have owned & rented 3 units in the Reno, NV area over the last 8 years. I’m a father of one and a boat Captain by trade, with a background in marketing, project management, event production and tourism. And now, having moved back to Nevada after 6 years working on the San Francisco Bay, I’m excited to shift into active real estate investing!

I’ve now honed my focus on multifamily units (4-10 units) in Northern NV, and excited to connect with everyone making moves in the area. 

I look forward to learning from you all, and creating some beautiful deal opportunities moving forward :)

Thanks for checking in, friends!

Cary

Hi @Cary Crites ! Welcome to the BiggerPockets family! You came to the right place to learn all about real estate investing! 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

Hi Marisa, nice to meet you. Being back in Reno has been great. I haven't yet been able to lock into any new real estate in the area, but I've been busy studying for my RE license. What about on your side?

Happy end of summer!

Hello!@Cary Crites

Welcome to BP, and congratulations on making the decision to invest in your future via real estate.

I have written a few blog posts that may help you get started here on BP, and with your investing. Please click on the links, give them a read, and share your thoughts in the comments.

First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:

https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp



The second is a post that will help get you focused with your real estate investing goals:

https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciated

The last one is a post that will help you choose an “investor friendly” real estate agent. There are many agents out there, but it’s important to choose the right one.

https://www.biggerpockets.com/blogs/5868/52724-im-new-to-investing-how-do-i-find-an-investor-friendly-agent

I love answering questions if you have any! Good Luck :)

Hello Cary, 

I moved from Reno a couple years ago down to the east bay (Concord, CA). I recently, briefly looked at the numbers for some rental units in Reno but they didn't quite make sense for me. I'm sure there are deals to be found, how north are you thinking of going?

-Dan

Hey @Marisa Aceves . Yes, I finished the exams in September and am waiting to submit for the license. Right now I'm trying to lock down a rehab project management position in the Reno area, to get really good with distressed property acquisition, rehab cost estimation, managing venders, and staging for sale. But, if that doesn't pan out, I'll be hanging my license with a local broker and will go the property management route. 

Looking forward to hearing your progress as things move along! Stay in touch

Hey @Daniel Monk , thanks for reaching out. About the furthest I'm interested in going North would be along 395, to Cold Springs. I'm not a huge fan of the area, but many people aren't as resistant to the commute as they were 10 years ago. I'm mostly interested in going south (Carson, Dayton, and even as far south as Gardnerville/Minden). Fernley/Fallon are on my radar too. 

But in all, you're right. The numbers are pretty sad out here right now. I haven't pulled the trigger on anything in the area in the last 2 years. 

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