Newbie from Staten Island, NY

[Elena F.]

Hello,

I'm a medical professional working day job but currently learning about real estate and strongly interested in investing. My experience in real estate is limited to my own house with 1 bedroom rental, but I'm very serious and having plans to buy investment property in 6 month (I will probably start in flipping property by fixing/adding value, since I'm not confident yet to deal with short sales or foreclosures). My current goal is to learn more by reading books and hearing from other people. I also hope to get advices on my plans. If anybody familiar with a market in Staten Island and areas that have more demand for buyers, I would like to hear from them. I thank to all of you for great info that you provide on this site.

[Elizabeth Colegrove]

Welcome to Biggerpockets!

We are also buy and hold investors with full time jobs (time sucker ones too). Our speciality is class A rentals that we self-manage long distance. We got started and still acquire houses through personal properties turned rentals as we are very transient (Navy). While we still have moments we have had to get really good at our systems and efficiencies. Now that we have a strategy and business model it has been going very well. This has allowed us our W2 incomes to leverage the real estate. We live off of one salary and invest the other. Our goal is early retirement in 15 years with a military pension and the cash flow from these houses.

Short Sales and Foreclosures are my favorite!! They are really easy. 

This is a great site because there are tons of different "Strategies". We are buy and hold, others are wholesalers, bird dog, flippers etc. Look around the blogs, forums and listen to the podcasts. If you see a post you enjoy check out the persons signature. Many of us including myself talk about our strategies, styles, niches and business model on our website. So definitely check that out as it is an amazing additional resource. For example, my blog is about while working full time, buy and hold investing, 0% Down Rentals, Personal Properties turned rentals, Long distancing investing, self-managing 3,000+ miles away.

Look forward to seeing you around! PM me if I can help! :)