New Member Looking to Connect!

[Dylan Fraembs]

I’m Dylan Fraembs, and I’m based in Long Island, New York. Right now, I’m focusing on investing in Providence, Pittsburg, and Allentown. I’ve isolated these three markets as they’re all within driving distance from my home and seem to fit my budget of $100K-$200K for purchase price. I’d be happy to connect with any members who are currently working in these markets, especially when I visit!

My main goal with BiggerPockets is to connect with other investors and hopefully build a reliable network of lenders, property managers, contractors, and agents. I’m looking forward to learning from your experiences and sharing any insights I’ve picked up along the way!

I first got started in real estate investing working for a real estate private equity firm in NYC. Investing institutionally on behalf of our fund investors sparked my desire to pursue my own investments and create wealth independently.

For my first property, I plan to use the BRRRR strategy, likely with the help of a hard money lender. If any investors have tips or advice on successfully implementing the BRRRR strategy, it would be much appreciated!

One question I have for the community is: What are the next best steps after isolating a market? I plan to visit all three cities soon to get a feel for each one, but when should I start building my team and actively searching for deals?

Excited to connect with everyone and learn as much as I can!

[Jaycee Greene]

Hey @Dylan Fraembs, welcome to the BP Forum! Sounds like you've put together a good due diligence plan so far. What type of properties are you looking to add to your portfolio, I'm assuming SFRs, is that correct? Are you looking for turn-key properties or something along the lines of a "fixer upper"?