New Member Introductions
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 10 years ago on . Most recent reply

New member in the Hudson Valley New York
Hi Big Pockets,
Glad I found this forum. I have a small amount of real estate investing experience and am looking to gain more experience and more property.
My first purchase in July of 2007 in Bed Stuy NY is now a good property with positive cash flow and equity. I made many mistake in that first purchase. I bought high spent too much on renovations and was vacant for too long. live and learn. My second purchase was a vacant single family short sale I bought to live in with my young family. I have two small children and hope to grow my investments to pass along to them one day.
I own a small home Reno business I began recently, to keep active while I am low on cash to buy new properties. I have been in construction for about 25 years mostly on large civil projects or working on bars and restaurants, so home Reno was a bit out of my expertise but I'm beginning to get the hang of it now.
My next project is to sell my current Pleasantville NY home. That house sits on a busy parkway and find a larger home, needing work in the same school district, on a quiet street.
Afterwards I would like to purchase distressed homes in the Hudson Valley or northern New Jersey. I don't mind buying in areas that are considered high crime, if they look to be turning around.