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Updated 11 months ago on . Most recent reply

User Stats

72
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Josh Mac
  • Northwest Indiana
31
Votes |
72
Posts

Where did you start?

Josh Mac
  • Northwest Indiana
Posted

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!

Most Popular Reply

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19
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25
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Ariel Herrera
  • Rental Property Investor
25
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19
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Ariel Herrera
  • Rental Property Investor
Replied

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

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