New Investor in Philadelphia, South Jersey

[Kristin Feerst]

Hi Everyone,

I've been on bigger pockets for a few months now, and am overdue on my introduction post. I am a new investor residing in South Jersey, looking to build an REI portfolio in Philadelphia. I am primarily interested in buy and hold properties using the BRRRR method. I am one half of a husband-wife team. We are interested in real estate (1) because we love old homes and especially love Philadelphia and want to aide in the revitalization of the city. (2) we want to generate passive income and we aren't afraid of toilets (yet, lol!).

We have an offer in on our first investment near a university that we plan to gut renovate and turn into student housing.  I am nervous and excited! :-)

I am chemical engineer by school, currently a sales manager in biotech as a day job.  I have two kids, a dog, and a bunny. 

So far I've learned a ton from the bigger pockets community and am so thankful this wonderful resource exists!  Thanks in advance to all of you for the advice.

Cheers, 

Kristin

[Carl Fischer]

@Kristin Feerst

Congrats on stepping up and getting in the game/business. Lots of smart people in the philly market and surrounding suburbs. Learn from their mistakes it's less costly. Local real estate investment clubs can help establish your local network. South Jersey REIA and Diversified Investment Group(DIG) are there. They have other investors, tradesman, vendors, attorneys, title companies etc all in one place. Check them out. Good luck and look forward to meeting and/or working with you in the near future.