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Updated almost 9 years ago on . Most recent reply

User Stats

39
Posts
12
Votes
Thomas Lam
  • Investor
  • Hayward, CA
12
Votes |
39
Posts

New member in Bay Area, CA

Thomas Lam
  • Investor
  • Hayward, CA
Posted
Hello everyone, I moved here in the San Francisco area 3 yrs ago and I want to ask rather is this a good area to start my first investment deal. I have no experience of RE investment so I really hope I can get some great wisdom advises and connect with some key players to help me get start it. Thank you so much in advance!

Most Popular Reply

User Stats

21
Posts
11
Votes
Albert Zheng
  • Sunnyvale, CA
11
Votes |
21
Posts
Albert Zheng
  • Sunnyvale, CA
Replied

Hi @Thomas Lam. Nice to see another new member in the Bay Area. I'm a fairly new to RE investing as well and I recently moved to the Bay Area. I would recommend researching your local market and understanding what type of property best works for you. Everyone's situation is different even as rookies like ourselves. You need to first ask yourself the question what type of property am I interested in investing in and why you believe it fits your investing goals. I'm learning more every day how investing requires careful planning and will always depend on the individual's goals. I'm a firm believer everyone has their own unique skill sets that they can use to their advantage.

I find that getting a good education is the first foundation in getting started. There's tons of content you can find on BP and books that you can read to learn. I've recently started going to REI meet ups and interacting with more experienced investors as a useful way to expand my knowledge. Good luck with your investment journey.

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