Just getting started
Hello all. My name is Jamie Gesswein and my wife is Stacy. We live in Williamsburg Virginia. I am an information security director for a health care organization in Eastern Virginia and an absolute noob to the world of Real Estate but very excited and motivated. My wife works at a property management company and has experience in the advertising/administrative support side of real estate. We got our feet week with real estate when we purchased a new home last year and decide to keep our condo to rent out. We hired someone else to take care of managing so we do not need to spend much time with it. Our goal is to purchase another property in the next 90 days and potentially 1 or 2 more before end of year. In the end we want to increase our wealth and monthly income to invest in retirement focused assets. There will be some play money involved to hopefully. Looking forward to a great journey with Bigger Pockets and all those associated with it. Thanks.
Best,
SC
- Tax Strategist, Financial Planner and Real Estate Investor
- Atlanta, GA
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Jamie,
Welcome to Bigger Pockets. Bigger Pockets is a great place for education and networking.
I recommend that you check out the following resources:
1. Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction
2. Check out other online guides available here: https://www.biggerpockets.com/guides
3. Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog
4.Check out the BP Podcasts: https://www.biggerpockets.com/podcast
5.If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking
6. You can meet local investors by registering to attend real estate events in your area: https://www.biggerpockets.com/forums/521-events-and-happenings
7. BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators
8. If you can't find what you're looking for, try the Bigger Pockets Fileplace. It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/files
9.Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts
Good luck investing and let me know if I can be of assistance.
James,
Welcome to BiggerPockets! I am not sure what city and or market you are investing in but investing in your future is important. It’s really exciting to see the different journeys many of us take to financial-freedom. You are definitely in the right forum! I wish you and your wife Stacy nothing but the best as you move forward.
Best of Luck!
Welcome to BP community!
Definitely look in to house hacking like @Sean C.
- Solo 401k Expert
- Anaheim Hills, CA
- 6,065
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Originally posted by @James Gesswein:Hello all. My name is Jamie Gesswein and my wife is Stacy. We live in Williamsburg Virginia. I am an information security director for a health care organization in Eastern Virginia and an absolute noob to the world of Real Estate but very excited and motivated. My wife works at a property management company and has experience in the advertising/administrative support side of real estate. We got our feet week with real estate when we purchased a new home last year and decide to keep our condo to rent out. We hired someone else to take care of managing so we do not need to spend much time with it. Our goal is to purchase another property in the next 90 days and potentially 1 or 2 more before end of year. In the end we want to increase our wealth and monthly income to invest in retirement focused assets. There will be some play money involved to hopefully. Looking forward to a great journey with Bigger Pockets and all those associated with it. Thanks.
James, great to have you!
- Sense Financial Services LLC
- (949) 228-9393
- https://www.sensefinancial.com
Hello Sean... Yes, the condo has provided passive income. Not including any repairs we may need to address, we are taking home $300. I am still learning how to make money from investing in real estate but feel like that is a decent start. Fingers crossed.
My husband and I are new to the investing world as well, but you are even ahead of us! But BP is a GREAT place to learn and to make connections!
Hi Jamie, Welcome to BP, I'm relatively new on here as well. My wife and I began our real estate adventure not too long ago. We own a condo in Northern VA (Loudoun County) that we bought 3 years ago as well as a house in PA near Pittsburgh that we're doing a full renovation on ourselves, we call it our Covid project. My primary job is in IT and due to Covid, my position has become 100% remote permanently, so I can work from anywhere. We plan to sell the PA house when we're done with it this summer or fall and we are looking at the Williamsburg area to buy our next property. We are traveling to Williamsburg in two weeks and plan to stay for a week to explore the area and get a feel for neighborhoods. Given that you live there, any insight into areas to look at or avoid would be greatly appreciated.
Quote from @Greg Kimball:
Hi Jamie, Welcome to BP, I'm relatively new on here as well. My wife and I began our real estate adventure not too long ago. We own a condo in Northern VA (Loudoun County) that we bought 3 years ago as well as a house in PA near Pittsburgh that we're doing a full renovation on ourselves, we call it our Covid project. My primary job is in IT and due to Covid, my position has become 100% remote permanently, so I can work from anywhere. We plan to sell the PA house when we're done with it this summer or fall and we are looking at the Williamsburg area to buy our next property. We are traveling to Williamsburg in two weeks and plan to stay for a week to explore the area and get a feel for neighborhoods. Given that you live there, any insight into areas to look at or avoid would be greatly appreciated.
Hi Greg, I'm in Pittsburgh also. Where is the house you're working on? Sounds like a fun project.
Quote from @Bill Hampton:
Jamie,
Welcome to Bigger Pockets. Bigger Pockets is a great place for education and networking.
I recommend that you check out the following resources:
1. Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction
2. Check out other online guides available here: https://www.biggerpockets.com/guides
3. Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog
4.Check out the BP Podcasts: https://www.biggerpockets.com/podcast
5.If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking
6. You can meet local investors by registering to attend real estate events in your area: https://www.biggerpockets.com/forums/521-events-and-happenings
7. BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators
8. If you can't find what you're looking for, try the Bigger Pockets Fileplace. It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/files
9.Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts
Good luck investing and let me know if I can be of assistance.
That’s helpful intro info! I’ve been on here 18 months and that’s the first I’ve seen of some of these resources. Thank you.