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Updated 11 months ago on . Most recent reply
Where did you start?
Hello everyone,I was wondering if any of you would mind sharing a bit on how you first began,and give a brief description of what you had to start with and how you scaled to where you are now.Thanks!
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![Ariel Herrera's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1251717/1666698818-avatar-arielherrera.jpg?twic=v1/output=image/crop=960x960@0x0/cover=128x128&v=2)
I started with house hacking in NJ. My location strategy was being close to train transportation to capitalize on the large commuter base traveling into NYC. Also, I reviewed Google News to find new development projects since I sought appreciation over cash flow.
This led me to a town called South Amboy in NJ. They had received funds to build a new ferry port for commuters, a new luxury apartment building, and redevelopment project for the waterfront area. After a year I rented out the property and have since used a HELOC to invest in other rentals.
You can check out my episode on the Bigger Pockets Rookie Podcast - EP 349 for more info