New to Biggerpockets - Multi-Family Pursuit in progress!

New to Biggerpockets - Multi-Family Pursuit in progress!

Investor · Glen Mills, PA · Member since 2019 · 185 posts · 208 votes

Hi All,

My name is Andrew and I'm from the Southeast PA area (Philly suburbs) and have been involved in real estate since 2006 when I purchased and "house hacked" my first home.  To date I've been focused on buy and hold single family properties (including short term vacation rentals) and now looking to rapidly move into the Multi-Family world.  I'm married to a fantastic very understanding wife and have been blessed with 2 awesome kids who are still relatively young. :)

Professionally, I've been working in the corporate world for 15+ years now currently as Technology Director for a $14B industrial company which has served our family very well.  In the past few months, I've been thinking about our long term goals as a family - where we'd like to live in the future, college for the kids, ability to travel the world, and most importantly - achieving financial freedom!  We have big goals and I'm adamant on taking constant action to do so.  While my wife and I could easily stay on the corporate track for another 20+ years and live a great retirement, I'd strongly prefer to exit corporate in a 5-10 year time frame and focus all energy on my main passion - real estate.  After quite extensive research for different paths as to how to get there, I've landed on multi-family investing as the best vehicle to great wealth for us to do so.

In the past few months I've read several books, attended online trainings, met with some prominent syndicators, and ventured into a few local meet ups and have met some really great, helpful people.  The more I learn and connect with those who share a common passion, more momentum is gained and actions seem to happen exponentially faster.  I've love to connect with many more on here who share a common interest and help each other along the journey.  I really like Florida for both investing and as a next place to live for my wife and I - particularly Orlando, Tampa, and the SW FL area.  

I'm looking forward to the journey and the many friendships and successes achieved along the way! 

Cheers,

Andrew
 

4Reply
46 views

Most Popular Reply

Rental Property Investor · Orlando, FL · Member since 2019 · 13 posts · 12 votes
5y

Hi @Andrew Schutsky - I live in the Orlando market and focus on single family buy/hold and flipping. My next step is going the MF housing (even building MF affordable housing) and apartments. I’m currently on the search and I don’t mind sharing my finds. Shoot me a PM so we can talk more and get to know your requirements.

- Matt

See this reply in the discussion

7 Replies

Jump to latestLatest
  • Specialist · Marco Island, FL · Member since 2016 · 225 posts · 56 votes
    5y

    Hey and Welcome to the Real Estate game! BiggerPockets is an outstanding resource for information, insight, and connections.

    I love the concept of multifamily, however, have not done any myself yet. We are in very different markets, but I wish you all the best! The one thing I may be able to assist with is that I structure tax-advantaged funds to purchase real estate, it also meshes well with retirement plans. You can read a little more about it on my profile. May fortune favor you! and again welcome.

  • Rental Property Investor · Orlando, FL · Member since 2019 · 13 posts · 12 votes
    5y

    Hi @Andrew Schutsky - I live in the Orlando market and focus on single family buy/hold and flipping. My next step is going the MF housing (even building MF affordable housing) and apartments. I’m currently on the search and I don’t mind sharing my finds. Shoot me a PM so we can talk more and get to know your requirements.

    - Matt

  • Investor · Lakewood Ranch, FL · Member since 2019 · 72 posts · 47 votes
    5y
    Hi Andrew! 
    Congratulations on your clarity! I think its great that you know your direction and I think FL is a great area for multifamily investing! I live and personally invest in the Tampa MSA area and it has been great so far! I have mainly done small multi family deals but am also transitioning into larger multis! Goodluck on your journey and see you around!
  • Property Manager · Orlando Kissimmee, Daytona Beach & Cocoa Beach · Member since 2016 · 331 posts · 166 votes
    5y

    Andrew, I do PM in Great Orlando area, and I can help with analyzing any possible deal. 

  • Real Estate Agent · Tampa, FL · Member since 2020 · 24 posts · 12 votes
    5y

    Welcome Andrew! I work with investors in Tampa. How about we talk strategy? 

  • Realtor · Lubbock, TX · Member since 2020 · 144 posts · 80 votes
    5y

    Andrew,

    It looks like you are on the right track! MF is definitely where it's at. The BP website is a wealth of knowledge. Just keep reading, digging into the forums, and attending the webinars. Ensure you are working with a Realtor who actually understands investing as many do not. If you have any questions on the agent side let me know, I would love to help in any way I can. Good luck on your REI journey!

  • Investor · Glen Mills, PA · Member since 2019 · 185 posts · 208 votes
    5y

    Thanks all for the warm welcome! Exciting times are ahead....

Join the conversationCreate a free account to reply, vote on answers and follow this thread.