New to the community – Los Angeles (Simi Valley)/California

New to the community – Los Angeles (Simi Valley)/California

Simi Valley, CA · Member since 2014 · 4 posts · 3 votes

Hello BP nation:

My name is Siva Mullapudi, living in Los Angeles area, California for the past 7 years. I own a home in Simi Valley. I have little experience in Real Estate Investing. Last year, I kept a personal goal to start investing in real estate by end 2013. I tried to do couple of real estate deals locally but not successful because of huge upfront requirements and stringent rules. Frustrated a bit, at the end of 2013, I brought a vacant residential lot (under PUD status) in Half Moon Bay, CA near to the beach with a hope it will appreciate in next 5 years.

I found Bigger Pockets website couple of months back and started reading “Beginner’s Guide” and forums. I am impressed by the members contributions and pleased to be a part of this group. I have entrepreneurial passion in real estate and interested to expand my knowledge in Real Estate Investing.

I have Master in Business Administration from University of Southern California specializing in Business Development and currently working in Healthcare industry. I look forward to learn and possibly make some solid networking connections that be local or out of area.

Thanks in advance, and thanks to everyone who contributes here. This is an invaluable resource for aspiring investors.

p.s.: Congratulations to Josh, Brandon and team for completing the 9 years mark!

Respectfully,
Siva

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El Segundo, CA · Member since 2014 · 25 posts · 5 votes
12y

Welcome to BP! I recommend keeping an eye here on BP for in-person meetings and go to Meetup.com and find a FIBI or similar group (there's probably one in Simi) and go chat with people. They're pretty receptive to newbies trying to learn all they can.

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  • El Segundo, CA · Member since 2014 · 25 posts · 5 votes
    12y

    Welcome to BP! I recommend keeping an eye here on BP for in-person meetings and go to Meetup.com and find a FIBI or similar group (there's probably one in Simi) and go chat with people. They're pretty receptive to newbies trying to learn all they can.

  • Brandon TurnerPro Member
    Investor · Maui, HI · Member since 2009 · 13k+ posts · 3k+ votes
    12y

    Hey @Siva Mullapudi welcome to BP and thanks for the shoutout! You've definitely come to the right place to learn more about investing. If you haven't yet, be sure to check out the The Ultimate Beginner's Guide to Real Estate Investing and The BiggerPockets Podcast. They are both great at learning the fundamentals.

    Oh - and don't forget to set up your Keyword Alerts!

    See you around the site!

  • Simi Valley, CA · Member since 2014 · 4 posts · 3 votes
    12y

    @Ben Wakefield: Thank you for your warm welcome and advice. I look forward to go through the local clubs and meet some local folks. I wish you the best with your REI deals.

    @Brandon Turner: Thank you for your warm welcome. I am going through the Beginners Guide and podcasts, found them useful. I will be active in the forums and will try to contribute to my very best.

  • Investor · Wichita Falls, TX · Member since 2010 · 3k+ posts · 603 votes
    12y

    Big welcome to BiggerPockets @Siva Mullapudi, thanks for taking the time to introduce yourself. I live pretty darn close to you, here in Woodland Hills. I definitely know how tough the local market can be :) I'm an out of state investor mainly because of this.

    Glad to have you here, don't hesitate to reach out if you have any questions.

  • Simi Valley, CA · Member since 2014 · 4 posts · 3 votes
    12y

    @Mehran Kamari, Thank you for your warm welcome. I am pleased to see folks nearby and glad I found BiggerPockets. I agree with you about local market and kind of thinking in the direction to invest out of state. Of course I have little or no experience with out of state investing. Based on one of my friends advise, I looked into Detroit market to invest in a Multiplex but it didn't worked out because of no ROI. I will look further and see if there are any good out of state opportunities. I went through your profile and impressed with your 2013 accomplishments. Kudos to you. Sounds like your off to a great start and you have a solid plan laid out. I wish you luck on reaching your goals.

  • J. MartinPro Member
    Rental Property Investor · Oakland, CA · Member since 2011 · 3k+ posts · 2k+ votes
    12y

    Welcome Siva. There are a lot of super helpful people and great advice on this site! I’m a ‘fix and hold’ investor from the Bay Area in CA, and loving it! A lot of others doing flips, wholesaling, notes, everything.. A few tips..

    You can tag people by typing @ before you type their name, then clicking their name when it pops up at the bottom of the message box. You can click on the ‘vote’ button if you like someone's post or is helpful, and there are ‘awards’ to earn on your profile. The "Learn" link across the top navigation bar has lots of great info, and most importantly, the BP members! Welcome to BP, and good luck on your investments!

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