Hi all, Sean from New York, NY here. I currently reside in the city and originally grew up throughout upstate NY (Albany and Rochester areas) which is where I am hunting for my first deal.
I am a long time lurker who is finally ready to take the plunge and get started. As I seek out my first deal I am looking to become a more active contributor to the forum's and would be glad to connect with anyone in/around NYC. My current goal is just to get my first deal completed. Medium-term I am looking to build a portfolio of rentals to cover my living expenses and at that point I will reevaluate where I'm at.
My professional background is in financial services and I currently work as a consultant in the financial technology industry. In a prior life I worked at the private equity firm that sponsored the largest private owner-operator of single-family rental homes in the US (bonus points if you can guess) and was part of the team that launched an REO servicing business under a sister-company. While I am still new to building my own portfolio I am happy to provide insight into how the institutional SFR business is operated.
If there is a chance I can be helpful in anyway please don't hesitate to reach out!
@Jeff Staples Thanks for the note. It would be great to connect for a brief call to talk through how a deal on that property might be structured if you were to hold the mortgage. I would also like to be in touch more generally regarding the Rochester area.
@Giordano Rodriguez Great! Definitely interested in connecting and see how I can be helpful.
Welcome to BP.
Welcome to biggerpockets!
Investors have an advantage of investing in areas that they know well. I hear people are cash-flowing in Albany/Rochester. So you should do just fine if you decide to invest there.
Thanks @Basit Siddiqi
From what I've seen that seems to be true.
Hello! @Sean L.
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:
The second is a post that will help get you focused with your real estate investing goals:
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.
I love answering questions if you have any! Good Luck :)
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