Hello from San Francisco, CA

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Hello from San Francisco, CA

Neel Jain
San Francisco, CA · Member since 2018 · 47 posts · 9 votes

Hello All,

Great to be here.  I found out about this website from reddit.  I read some good success stories and decided to create my profile and introduce myself. 

I am 46 years old, married with a kid. I work full-time on W-2 as an IT Consultant in San Francisco, CA. I have dabbled in the stock market and have been fairly successful. It is because of my fear of taking loans in the past, it has taken me so long to venture in REI. I feel I am ready now.

My focus is on increasing cash flow and building equity.  I am giving myself at least 3 months to catch up on all the reading and education and then go from there.  I have yet to crack a deal or buy a property.  Out-of-State property will be ideal.

For anyone looking to meetup in FiDi, please feel free to PM.

Happy REI to us all!

Thanks,

Neel

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Investor-friendly agents in San Francisco, CA

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Most Popular Reply

Brandon L.
Real Estate Agent · Falls Church · Member since 2012 · 2k+ posts · 1k+ votes
8y

Hello! @Neel Jain

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 have other blogs that may be helpful here on BP in my personal blog that you can check out. Good Luck :)

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  • Brandon SturgillBusiness Member
    Real Estate Broker · Columbus, OH · Member since 2013 · 3k+ posts · 1k+ votes
    8y

    Hey @Neel Jain welcome. Best of luck on your journey. Always open to talk shop about long-distance investing.

    937-979-7000
    Realize Multifamily Group11 Review
    View Page
    0Reply
  • Ali Boone
    Real Estate Coach · Venice Beach, CA · Member since 2012 · 6k+ posts · 3k+ votes
    8y

    Welcome Neel! I'm in CA too (LA) and mostly do out-of-state. Great to have you on here!

    0Reply
  • Brandon L.
    Real Estate Agent · Falls Church · Member since 2012 · 2k+ posts · 1k+ votes
    8y

    Hello! @Neel Jain

    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 have other blogs that may be helpful here on BP in my personal blog that you can check out. Good Luck :)

    1Reply
  • Neel Jain
    OP
    San Francisco, CA · Member since 2018 · 47 posts · 9 votes
    8y
    Originally posted by @Ali Boone:

    Welcome Neel! I'm in CA too (LA) and mostly do out-of-state. Great to have you on here!

     Thanks.  Currently reading David Greene's book but any tips would be helpful.

    0Reply
  • Neel Jain
    OP
    San Francisco, CA · Member since 2018 · 47 posts · 9 votes
    8y
    Originally posted by @Brandon L.:

    Hello! @Neel Jain

    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 have other blogs that may be helpful here on BP in my personal blog that you can check out. Good Luck :)

     Thank you - will read up.

    0Reply
  • Neel Jain
    OP
    San Francisco, CA · Member since 2018 · 47 posts · 9 votes
    8y
    Originally posted by @Brandon Sturgill:

    Hey @Neel Jain welcome. Best of luck on your journey. Always open to talk shop about long-distance investing.

     Thank you, Brandon - will touch base.

    1Reply
  • Ali Boone
    Real Estate Coach · Venice Beach, CA · Member since 2012 · 6k+ posts · 3k+ votes
    8y
    Originally posted by @Neel Jain:
    Originally posted by @Ali Boone:

    Welcome Neel! I'm in CA too (LA) and mostly do out-of-state. Great to have you on here!

     Thanks.  Currently reading David Greene's book but any tips would be helpful.

    I've always done turnkeys out-of-state so I can't offer much for tips in terms of what David says. My only tip would be to really do the education bit in the beginning so you know exactly what you are getting into--what time requirements, effort requirements, risk, skills requirement, etc. People often don't know those before they dive into something. And just learning about what mitigates the risks on a particular strategy. Learning all of that ahead of time will save you a bazillion headaches and potential financial strain later!

    0Reply
  • Neel Jain
    OP
    San Francisco, CA · Member since 2018 · 47 posts · 9 votes
    8y
    Originally posted by @Ali Boone:
    Originally posted by @Neel Jain:
    Originally posted by @Ali Boone:

    Welcome Neel! I'm in CA too (LA) and mostly do out-of-state. Great to have you on here!

     Thanks.  Currently reading David Greene's book but any tips would be helpful.

    I've always done turnkeys out-of-state so I can't offer much for tips in terms of what David says. My only tip would be to really do the education bit in the beginning so you know exactly what you are getting into--what time requirements, effort requirements, risk, skills requirement, etc. People often don't know those before they dive into something. And just learning about what mitigates the risks on a particular strategy. Learning all of that ahead of time will save you a bazillion headaches and potential financial strain later!

     Thanks.  Any book recommendation?

    0Reply
  • Ali Boone
    Real Estate Coach · Venice Beach, CA · Member since 2012 · 6k+ posts · 3k+ votes
    8y
    Originally posted by @Neel Jain:

     I don't know what you're trying to do or learn.

    1Reply
  • Dmitriy Fomichenko
    Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
    8y

    @Neel Jain

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

    Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/users

    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: https://www.biggerpockets.com/podcast

    If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box. He or she will be notified of being tagged so that the conversation will continue.

    Wishing you the best! 

    0Reply
  • Neel Jain
    OP
    San Francisco, CA · Member since 2018 · 47 posts · 9 votes
    8y
    Originally posted by @Ali Boone:
    Originally posted by @Neel Jain:

     I don't know what you're trying to do or learn.

     :-) everything you wrote about - time requirements, effort requirements, risk, skills requirement, etc. 

    0Reply
  • Neel Jain
    OP
    San Francisco, CA · Member since 2018 · 47 posts · 9 votes
    8y
    Originally posted by @Dmitriy Fomichenko:

    @Neel Jain

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

    Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/users

    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: https://www.biggerpockets.com/podcast

    If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box. He or she will be notified of being tagged so that the conversation will continue.

    Wishing you the best! 

     Thank you.

    0Reply
  • Ali Boone
    Real Estate Coach · Venice Beach, CA · Member since 2012 · 6k+ posts · 3k+ votes
    8y
    Originally posted by @Neel Jain:

     :-) everything you wrote about - time requirements, effort requirements, risk, skills requirement, etc. 

    Oh, hmmm. No I don't know a book that talks about all that kind of stuff.

    0Reply
  • Michael ZuberPro Member
    Member since 2018 · 111 posts · 121 votes
    8y

    Hi @Neel Jain - I live in the Bay Area (Mt View) and I to was a Tech worker for several decades.  I retired if February of this year thanks to my Rental Properties.  Happy to connect and talk shop

    0Reply
  • Neel Jain
    OP
    San Francisco, CA · Member since 2018 · 47 posts · 9 votes
    8y

    @Michael Zuber - thank you.  I relate to your 'giving back'.  As you know our Bay Area market is way too hot so looking for something OOS.  Could you be of any help there?

    I have been researching some data / cities for OOS and have tons of ideas.  Do you come to the city?

    0Reply
  • George Blower
    Retirement Accounts Attorney · Southfield, MI · Member since 2017 · 3k+ posts · 1k+ votes
    8y

    @Neel Jain

    Welcome to Bigger Pockets.

    0Reply
  • Michael ZuberPro Member
    Member since 2018 · 111 posts · 121 votes
    8y

    @Neel Jain - As my profile says I chose to invest in Fresno as I could never stomach investing out of State but others have been very successful as you will see on Biggerpockets.  I don't make it to the city all that much but I am sure we could find a middle ground if it made sense for us to connect. 

    0Reply
  • Neel Jain
    OP
    San Francisco, CA · Member since 2018 · 47 posts · 9 votes
    8y

    Thank you, @George Blower.

    @Michael Zuber - will reach out if anything comes up, thanks.

    0Reply
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