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Updated almost 2 years ago on . Most recent reply
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Intro & Call to form a team
Hi All,
My name is Amit and I am a beginner in Real Estate investing. I am an IT Engineer and work full-time (W2) in a bank and my wife is a full-time Real Estate agent in NJ. We have done some side investments and we currently own 2 properties in India and 1 condo in NJ. We currently live in a single family (town home) in North NJ and have been doing MTR via ABNB for the last ~2 years generating decent revenue.
We are looking to grow our portfolio, mostly in the midterm rental market (arbitrage) as we live close to many hospitals. We are also interested in doing short-term rentals in the upstate NY either through a turnkey property or through a rehab.
Our challenge is mostly in identifying the right property which can give us a good cash on cash return. We also want to build a team to try out a rehab and then grow from there.
If you are someone who can guide us or would be interested in forming a team, please shoot me a note. We would be happy to have a chat over coffee or drinks. If you have any other suggestions, we would greatly appreciate your advice.
We are excited to join this community and would like to thank you all in advance. We look forward to hearing from you soon.
Thanks,
Amit
Most Popular Reply
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Thanks for introducing yourself, Amit! There is a great group of members on here to connect with.
Welcome aboard and best of luck investing!