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Updated almost 10 years ago on . Most recent reply

User Stats

14
Posts
3
Votes
Eddie V.
  • New to Real Estate
  • Austin, TX
3
Votes |
14
Posts

Hello BP! REI knowledge and rolling up my sleeves from Oakland, CA

Eddie V.
  • New to Real Estate
  • Austin, TX
Posted

Hello BiggerPockets community and hello to the East Bay REI community!

Two interesting things have happened to me recently that have led me to BiggerPockets.

For one, my wife and I just got married and so we are in the whole house buying process.  We are but in the initial stages of planning and budgeting, so not too far along.  Yet it was enough to trigger an obsessive interest in real estate investment, something I studied in college but never practiced.  So I'm back to learning about real estate investment, specifically residential rentals and fix-and-flips.  

The second event comes from a career change that has been in the works for a while.  I've been in accounting for 6+ years and have been looking for a way out, I just didn't know what I wanted to transition into.  After working with a career coach, taking some classes in interested subjects, and meeting with people in other careers I settled on something along the lines of like a residential construction manager for remodels or fix-and-flips.  Why? Because I enjoy the planning and coordination, I enjoy design and building, I want to be out in the field often, and I believe I'd excel at it. So I'm starting to look around for investors/employers looking to bring someone on like myself.

I look forward to reading about and learning from your experiences and engaging in discussion with the community.

Regards,

Eddie

Most Popular Reply

User Stats

158
Posts
124
Votes
Juan Diaz
  • Flipper/Rehabber
  • Emeryville, CA
124
Votes |
158
Posts
Juan Diaz
  • Flipper/Rehabber
  • Emeryville, CA
Replied

Hi Eddie!

Did you go to school to be a construction project manager? Do you have experience working in construction? Those are probably the minimum qualifications to be a project manager in the field, guys who are doing that sort of thing usually have at minimum five years of experience and could operate as a residential general contractor on their own. 

To really be involved in the design and building of the house, you'd likely either need to be an architect or be the self-employed flipper who's partnering with an investor to use their money to carry out the flip.

With your background, there is probably a natural fit in the flipping field as someone who tracks the numbers for these properties, but also coordinates things administratively as well.

Best of luck,

Juan

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