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Updated almost 9 years ago on . Most recent reply

User Stats

34
Posts
33
Votes
Matthew Ware
  • Investor
  • Danville, VT
33
Votes |
34
Posts

Newbie ready to learn: San Diego / Vermont

Matthew Ware
  • Investor
  • Danville, VT
Posted

Hello Bigger Pockets,

I'm a  high school teacher from Vermont who is currently administrating and about to inherit two properties in San Diego. The properties are paid for and are currently rented and managed by a local property management company. As the sole heir, I am about to complete the probate process after which these homes will become my assets. I am looking to transition into real estate investing as a way to replace my modest income as a teacher and build wealth. I know that I have been given a significant leg up with the leverage provided by these properties, but I am also aware that I have so much to learn. I am amazed at the differences between my local real estate market, NEK Vermont, and the area where my properties are, the Clairemont Mesa East neighborhood of San Diego. I'm interested in learning about how to find a niche, how to leverage the equity in these houses in order to create more passive income, and how to manage all of the tax implications. I look forward to learning and connecting.

-Matt

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