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[Jubal Noel]

Hi Bigger Pockets community,

First a little bit about myself, my name is Jubal Noel, I’ve recently graduated college with an electrical engineering degree. I started my first job this past June and have been (mostly) saving up as much money as possible since then.

Primarily I invest my money in stocks, but recently I learned about real estate through the bigger pockets podcast and have been largely inspired. I feel like I'm in the perfect position to start investing my money into real estate instead of stocks because it seems like the ROI with stocks is lower than with real estate.

I’m close with my brothers and we’re all working and still living with our parents, so we don’t have much expenses. We are going to pool our money together and by the end of this year, we will have ~90k dollars to invest. 

I finished reading the "How to Invest in Real Estate" by Joshua and Brandon, and even before that I listened to several podcasts. I've decided I want to start out with small multi family properties and use either a buy and hold strategy or the BRRRR strategy, depending on the time investments.

I love engineering, I’ve been working as a full time engineer for 8 months now about. The problem is I want to have a comfortable lifestyle and to travel. Engineering makes ok money but I’d like to make an additional 40-50k a year at least using real estate. That’s my current goal. I live in NYC and I’ve yet to check the market.

This year I plan on doing as much research as possible as me and my brothers save our money for our first deal, there’s 3 of us total.

If you read this far thanks so much! Expect more posts in the future that will be shorter and have more specific questions! And any insights anyone can give me on anything is greatly appreciated. I plan on reading as much informational books as possible during this time so recommendations are welcome.

[Min Zhang]

Hey Jubal! Welcome to BiggerPockets! You're in the right place to learn about remote real estate investing. Can't wait to see you grow. Are you planning to invest locally in New York or are you open to investing out-of-state? I am always down to talk about real estate investing in Ohio.I can share insights on investing on both single and multifamily properties, including out-of-state investing. I started off with a duplex in 2020 and now have a solid portfolio of rentals with my partner. Let me know if you need assistance.