New Member Introductions
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago,
CAD Designer from Connecticut
Hi everyone, my name is Derek Eddy and I am from CT! I have been working at GEI, a Civil/Environmental Engineering company for the past 7 years.
How I found Bigger Pockets: I am a newbie here and am just starting to get an investor mindset when it comes to real estate. I'm ready to learn! I have been saving for retirement, doing the stock market thing for a few years now and recently stumbled across podcasts (late to the scene, I know) and folks talking about early retirement (Mr. Money Mustache, Rob Berger-the Doughroller podcast, Jeff Rose financial planner, and others). This led me to come across the BP podcast and website. A few weeks later, now I decided to sign up here. I have been listening to the BP podcast for a few weeks/months and am starting to absorb the great wealth of information available. There really is so much to know!
My real estate background: I co-owned my primary residence for 4 years while renting out 2 rooms of it. I recently sold it and looking back realized how lucrative that lifestyle had been. I listened to a podcast today that mentioned how much someone regretted selling their real estate... I understand that sentiment, though everyone has their reasons for selling!
About me: I am getting married this coming January, and moving to Queens, NY in September! I will be working in Manhattan--very exiting! Finding an apartment is a wild ride there, I have never seen places come and go so quickly in CT! If you are reading this and have a lead for me let me know! I am looking for a 1 bedroom for $1400/mo. or so. Rent prices have really sky-rocketed there!
Real-Estate Goals: My current goal is to purchase a turn-key property in Florida and rent it with the oversight of a property management company. Passive, hands off, steady income... even if it is only paying down a mortgage over time. As a secondary goal, I would love to own enough properties that cash flow, and ultimately replace a $30k/yr income.
I look forward to meeting and interacting with you all!