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Updated almost 8 years ago,

User Stats

68
Posts
57
Votes
Tim McGarvey
  • Rental Property Investor
  • Napa, CA
57
Votes |
68
Posts

Young Real Estate Investor Looking for an Opportunity

Tim McGarvey
  • Rental Property Investor
  • Napa, CA
Posted

*DISCLAIMER - long post ahead* (bear with me and I hope I'll make it worth the whole 3 minute it takes you to read)

Let me start with a quick story. Last August, I took a 3-week trip to Europe (Copenhagen, Budapest, Athens, Santorini, and Belgrade to be specific) with a group of close friends. It was undoubtedly one of the greatest experiences of my life and something I know I will remember for the rest of my life. The entire 13-hour plane ride back to San Francisco I had burning question in my mind; how to I create a lifestyle where I have the freedom to take a trip like this whenever I want to.

As soon as I arrived home I began to heavily research how to get started in different types of investing and creating passive income streams. I stumbled upon Bigger Pockets. I had been interested in real estate since college but had never taken any steps forward to get my investing career started. After spending a few hours on the site, there became no doubt in my mind that real estate would be the tool I use to achieve my financial freedom. Boom, time to get started.

Which leads me to my problem. The Bay Area is a very tough place to get started.

In the majority of markets in the United States I would be able to make my first purchase tomorrow and dive right in. I'm currently in the process of building capital for a down payment on a multi-family unit in the Bay Area (currently living in San Jose but move around semi-frequently for work). Over the last 6 months I have read dozens of real estate books, listened to 200+ podcasts, scoured for deals online, and met with handfuls of local agents. I don't want to say my learning has plateaued, but there is only so much you can learn without actually having done deals. I want to accelerate my learning and preparation by leveraging the knowledge of someone who is successful at real estate investing in the Bay Area while I prepare to purchase my first deal(s).

Here's why I would be an asset to your business:

I have a 4-year degree in Construction Management with minor in property development from Cal Poly, San Luis Obispo. I graduated school with 30k+ of student debt which I have paid off in less than 3 years. I work as a project manager for a large general contractor and have quickly accelerated to be one of the youngest in my position at the company. I consistently and eagerly take on new challenges. Nothing has ever been handed to me and I have worked hard to earn the success I have created for myself. If you know me at all, you would understand that I take care of my business of the mindset, "don't tell me what you can do, show me what you can do". (Obviously you have not met me so this is a bit of Catch 22 and extremely strange for me to be talking about myself at such lengths, but without having met you, this is the only way for me to capture your attention).

What I'm looking for:

-An experienced successful Bay Area real estate investor to shadow

-To trade hard work for your expertise and experience

What I can't offer:

-Experience purchasing properties

-Large amounts of capital

What I can offer:

- Sweat equity - (driving for dollars, phone calls, deal research/analysis, etc)

- The ability to solve complex problems and get sh*t done - my job depends on it

- Attention to detail - I'm meticulous

- Experience managing construction budgets upwards of $100m

- Field experience managing general/sub-contractors

- Creating and executing master and micro-schedules

- Energy, enthusiasm, and the hunger to become great

- Anything else you need may need - let's be creative and discuss

If you made it to this part, congratulations and thank you for listening to me. I'd love to meet up for a coffee and talk about how we may be able to help each other. Please private message me and we can coordinate from there.

Tim McGarvey

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