New Investor in the California Bay Area

New Investor in the California Bay Area

New to Real Estate · South San Francisco · Member since 2020 · 4 posts · 1 vote

Hey everybody! My name is Joshua Duenas and I am 20 years old. New to real estate investing and excited to get started. Joined Bigger Pockets to learn the basics and to hear about the stories of successful investors. After listening to some of the podcasts by Bigger Pockets, I am interested in multi-family homes and the BRRRR strategy as a way to grow my wealth. I am still unsure if I should invest in the bay area or to try in another market. My overall goal in investing in real estate is to become financially independent and retire early (F.I.R.E) by the age of 30. My current goal is to buy my first investment property before the end of 2021. I am excited to get started on my journey and looking forward to connecting!

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  • Specialist · Plano, TX · Member since 2020 · 2k+ posts · 861 votes
    6y

    Hi @Joshua Duenas. Welcome to BiggerPockets, I'm glad you're here. Your goals of reaching financial independence and retiring early are attainable with your interests of investing in multi-family homes. Nice work on starting your investing career at such a young age. 

  • Rental Property Investor · SF Bay Area, CA · Member since 2015 · 206 posts · 156 votes
    6y

    @Joshua Duenas - Welcome to BP! Just want to drop by and say hi since I rarely see folks from around my area.  I invest both in CA and out of state (OOS). Obviously pros and cons to both strategies. Good luck with your journey!

  • New to Real Estate · South San Francisco · Member since 2020 · 4 posts · 1 vote
    6y
    Originally posted by @Marlen Weber:

    Hi @Joshua Duenas. Welcome to BiggerPockets, I'm glad you're here. Your goals of reaching financial independence and retiring early are attainable with your interests of investing in multi-family homes. Nice work on starting your investing career at such a young age. 

    Thank you, happy to be here and excited to learn.

  • New to Real Estate · South San Francisco · Member since 2020 · 4 posts · 1 vote
    6y
    Originally posted by @Ana Marie B.:

    @Joshua Duenas - Welcome to BP! Just want to drop by and say hi since I rarely see folks from around my area.  I invest both in CA and out of state (OOS). Obviously pros and cons to both strategies. Good luck with your journey!

    Thank you. It is nice to know that there are other investors in the area. 

  • Investor · Bay Area, CA · Member since 2020 · 72 posts · 43 votes
    6y

    Welcome aboard! I'm new as well and also live in the Bay Area, East Bay to be exact. I have the same questions and concerns you do as whether or not to invest here or in another market or even out of state. 

    Let me know if you ever want to connect or bounce ideas off one another !

  • Realtor · Oakland, CA and a Real Estate Investor with Multi-Family Units and a Self Storage Facility · Member since 2016 · 2k+ posts · 2k+ votes
    6y

    Joshua and Kevin, welcome!

  • New to Real Estate · South San Francisco · Member since 2020 · 4 posts · 1 vote
    5y

    Thank you @Kevin G. and @Brian Garlington for the welcome. Still learning the basics, but would like to connect later on.

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