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All Forum Posts by: Yacine Rimmo

Yacine Rimmo has started 11 posts and replied 62 times.

Post: New(ish) Investor from New York City

Yacine RimmoPosted
  • Astoria, NY
  • Posts 69
  • Votes 25

Welcome Jim!
I am new here too. It's funny I was reading you post and thinking I could literally copy paste and change some elements here and there and it would correspond perfectly too me and my goals ^^

I live in Astoria and I am interested to meet other out-of-state investors to discuss strategies, challenges and ideas. I will start BRRR investing in 2018 so very much looking forward to start and do the right things from the beginning!

Post: Hello from Astoria, New York

Yacine RimmoPosted
  • Astoria, NY
  • Posts 69
  • Votes 25

Hi Everyone,

I am Yacine and I live in Astoria, in my early 30s. I am excited to join the BP community, share and learn with its many real estate savvy individuals!

I am starting to invest in MultiFamily properties in a market close enough to where I live (New York) in 2018. I think that what I am looking forward to be doing is BRRRR. Buy Renovate Rent Reinvest Repeat. Nothing especially original I guess but as long as it works that's what matters.

Other than that I work in Construction in NYC as an Estimator. I really wish I could use it here in NYC to invest but for now this doesn't seem like the way to go for me.

I have been toying a lot with investing, learning a lot about it... but many changes in my life have prevented me from actually doing it. Now that I have the opportunity to get onto it I am focusing very much on making the right choices and invest the time and effort to get the results I want.

My goal is having enough passive income to live comfortably with my wife and the children we are hoping to have in the future. I want to be able to pay for their education, live great experiences in travelling abroad and living a life of choices, not constraints.

One last thing, I own an apartment in Paris that I have been renting for a few years now. 

Happy investing!