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Updated over 1 year ago, 03/30/2023

User Stats

25
Posts
7
Votes
Brendan S.
  • New to Real Estate
  • Bay Area
7
Votes |
25
Posts

Hello BP. Long time lurker, first time poster

Brendan S.
  • New to Real Estate
  • Bay Area
Posted

Hello everyone,

After lurking for a while I've decided to post and say hello. Now that my husband is done with grad school and earning a bit more I've started to listen to the podcasts and read experiences with more interest now that purchasing an income property is (potentially) possible. We're already condo owners in the Bay Area, which is no small feat. I have family in El Paso and Binghamton and visit frequently so if anyone has advice and or wants to burn brain cells in the East Bay, Bingo or El Chuco, let me know. Cheers.


Brendan

User Stats

826
Posts
1,052
Votes
Noah Bacon
Pro Member
  • Property Manager
  • Lansdale, PA
1,052
Votes |
826
Posts
Noah Bacon
Pro Member
  • Property Manager
  • Lansdale, PA
ModeratorReplied

Hey Brendan! Welcome to BiggerPockets and thanks for joining!

Here are some tips for networking and making the most of your account.

1) I'd fill out your profile fully before you do anything else! As that will at least help folks that you reach out to know that you are a real person, with a picture and professional bio. Particularly be sure to include your goals for real estate investing so that folks can help you.

2) Go to the Search bar, and look for some local members in your area! Reach out to a few of the folks, perhaps those with hundreds or thousands of posts in this forum, and connect. You can do that here.

3) Check out some of the local meetups that you can find in this forum! There are so many so be sure to filter by your location.

4) Review this comprehensive 64 page deck on the state of the 2023 housing market (in your resource page as a member of BiggerPockets!) for real estate investors put together by Dave Meyer and available for all BiggerPockets members.

5) Consider meeting with a few agents in your area even if you are just getting started! An investor friendly agent can do all sorts of helpful things, like setting you up with a search for properties or connecting you with folks who have recently done deals like the ones you want to do.

6) Consider analyzing a deal or two in your local market, just for practice, with a free use of our Rental Property Calculator (or other calculators).

Hope this helps! Please reach out with any questions you may have!

User Stats

10,010
Posts
4,828
Votes
Andrew Syrios
Pro Member
  • Residential Real Estate Investor
  • Kansas City, MO
4,828
Votes |
10,010
Posts
Andrew Syrios
Pro Member
  • Residential Real Estate Investor
  • Kansas City, MO
ModeratorReplied

Welcome aboard Brendan!

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User Stats

110
Posts
55
Votes
Edward Zachary Samperio
  • New to Real Estate
  • San Antonio, TX
55
Votes |
110
Posts
Edward Zachary Samperio
  • New to Real Estate
  • San Antonio, TX
Replied

Hi Brendan,

Welcome to the community! It's great to hear that you and your husband are considering investing in income properties. The Bay Area can be a challenging market for real estate investing, but it sounds like you have experience owning a condo already. As for advice on El Paso and Binghamton, I suggest connecting with local real estate agents and property managers to get a better understanding of the rental market in those areas. Don't hesitate to ask questions and reach out to other members of the community for support and guidance. Best of luck on your investing journey!

Cheers.

User Stats

25
Posts
7
Votes
Brendan S.
  • New to Real Estate
  • Bay Area
7
Votes |
25
Posts
Brendan S.
  • New to Real Estate
  • Bay Area
Replied
Quote from @Noah Bacon:

Hey Brendan! Welcome to BiggerPockets and thanks for joining!

Here are some tips for networking and making the most of your account.

1) I'd fill out your profile fully before you do anything else! As that will at least help folks that you reach out to know that you are a real person, with a picture and professional bio. Particularly be sure to include your goals for real estate investing so that folks can help you.

2) Go to the Search bar, and look for some local members in your area! Reach out to a few of the folks, perhaps those with hundreds or thousands of posts in this forum, and connect. You can do that here.

3) Check out some of the local meetups that you can find in this forum! There are so many so be sure to filter by your location.

4) Review this comprehensive 64 page deck on the state of the 2023 housing market (in your resource page as a member of BiggerPockets!) for real estate investors put together by Dave Meyer and available for all BiggerPockets members.

5) Consider meeting with a few agents in your area even if you are just getting started! An investor friendly agent can do all sorts of helpful things, like setting you up with a search for properties or connecting you with folks who have recently done deals like the ones you want to do.

6) Consider analyzing a deal or two in your local market, just for practice, with a free use of our Rental Property Calculator (or other calculators).

Hope this helps! Please reach out with any questions you may have!


 Thank you much, I'm working through this list now.

User Stats

25
Posts
7
Votes
Brendan S.
  • New to Real Estate
  • Bay Area
7
Votes |
25
Posts
Brendan S.
  • New to Real Estate
  • Bay Area
Replied
Quote from @Edward Zachary Samperio:

Hi Brendan,

Welcome to the community! It's great to hear that you and your husband are considering investing in income properties. The Bay Area can be a challenging market for real estate investing, but it sounds like you have experience owning a condo already. As for advice on El Paso and Binghamton, I suggest connecting with local real estate agents and property managers to get a better understanding of the rental market in those areas. Don't hesitate to ask questions and reach out to other members of the community for support and guidance. Best of luck on your investing journey!

Cheers.


 Thanks, Edward. I plan on sticking a straw in everyone's brain to learn as much as I can :-)

User Stats

28
Posts
9
Votes
Jacob Wilhite
  • Lender
  • Sonoma County, CA
9
Votes |
28
Posts
Jacob Wilhite
  • Lender
  • Sonoma County, CA
Replied

Hey Brendan! Welcome to the community. I am also up here in the bay area, just a little north of you. We have a pretty great real estate meet up every month if you ever feel like making the trek up here. Always fun connecting with others in the area!

User Stats

3,969
Posts
2,919
Votes
Matt K.
  • Walnut Creek, CA
2,919
Votes |
3,969
Posts
Matt K.
  • Walnut Creek, CA
Replied

I got brain cells to burn and am also in the east bay lol

User Stats

17,821
Posts
6,191
Votes
Dmitriy Fomichenko
Tax & Financial Services
Pro Member
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
6,191
Votes |
17,821
Posts
Dmitriy Fomichenko
Tax & Financial Services
Pro Member
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
Replied

Welcome to BP @Brendan S. ! It's a perfect place to start your real estate investing journey.

Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...

Wishing you the best!

  • Dmitriy Fomichenko
  • (949) 228-9393

User Stats

25
Posts
7
Votes
Brendan S.
  • New to Real Estate
  • Bay Area
7
Votes |
25
Posts
Brendan S.
  • New to Real Estate
  • Bay Area
Replied
Quote from @Jacob Wilhite:

Hey Brendan! Welcome to the community. I am also up here in the bay area, just a little north of you. We have a pretty great real estate meet up every month if you ever feel like making the trek up here. Always fun connecting with others in the area!


 Hey Jacob. Thanks for the hello and invite. I bike and bus to get around so Sonoma might be a bit of a schlep for me but if I'm ever in town I'd love to attend!

User Stats

25
Posts
7
Votes
Brendan S.
  • New to Real Estate
  • Bay Area
7
Votes |
25
Posts
Brendan S.
  • New to Real Estate
  • Bay Area
Replied
Quote from @Matt K.:

I got brain cells to burn and am also in the east bay lol


 Cool, let's get together sometime, even if it's virtual. I actually work in housing (municipal rent program) so I've got some knowledge that may be useful for us Alameda County folks. 

User Stats

1,632
Posts
1,666
Votes
Marc Rice
Agent
  • Real Estate Agent
  • Columbus, OH
1,666
Votes |
1,632
Posts
Marc Rice
Agent
  • Real Estate Agent
  • Columbus, OH
Replied
Quote from @Brendan S.:

Hello everyone,

After lurking for a while I've decided to post and say hello. Now that my husband is done with grad school and earning a bit more I've started to listen to the podcasts and read experiences with more interest now that purchasing an income property is (potentially) possible. We're already condo owners in the Bay Area, which is no small feat. I have family in El Paso and Binghamton and visit frequently so if anyone has advice and or wants to burn brain cells in the East Bay, Bingo or El Chuco, let me know. Cheers.


Brendan


 Welcome and best of luck!

User Stats

1,425
Posts
975
Votes
Benjamin Aaker
Professional Services
Pro Member
  • Rental Property Investor
  • Brandon, SD
975
Votes |
1,425
Posts
Benjamin Aaker
Professional Services
Pro Member
  • Rental Property Investor
  • Brandon, SD
Replied
Hi Brendan and welcome to BP! You are doing the right thing by networking here. Read all you can  while you save up for the first down payment. Best of luck to you!
  • Benjamin Aaker
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