Newbie from New Jersey

[Leury Pichardo]

Hello, everyone! 

I promise I'll try to make this introduction short! 

I found BiggerPockets from reading "The Book on Investing In Real Estate with No (and Low) Money Down: Real Life Strategies for Investing in Real Estate Using Other People's Money". I'm not done yet, but enjoying the read!

One of the reasons for me buying the book was because 2 years ago my cousin's husband came to me because he needed help getting an investment property. By help I mean like getting someone else to put the house under their name until he improved his credit. So, me trying to be nice and help, I agreed.

I know what you're thinking right about now "this guy is an idiot" and regarding this specific scenario, you're right!

Fast forward 2 years and guy hasn't improved his credit, mismanaged ALL the profit from the house , security deposits , almost messed up my credit (late payment) and a bunch of drama. 

I stepped in and took over (sorta, I mean it was technically my house anyways). Now I'm on the road to learning as much as I can and turn this horrible experience to a good one. I'm only 26 so not letting this stupid decision stop me from accomplishing my goals!

Now that I got that embarrassing story out the way, I hope to learn many new things from everyone in this community!

[Leury Pichardo]

@Gary Harris Thank you for your words, I appreciate it!  I might have to take you up on your offer and bug you once or twice regarding some questions.

@Verta Tross Thanks! I agree with you 100% , so far this community seems AWESOME!

@Justin Fraser Thank you, for the advice! The Book on Managing Rental Properties is the next book I'm going to read as soon as I read Thre Book On Rental Property Investing. Or do you recommend I do it vice versa?

Again, thanks to all of you for your kind words! I've been pondering the decision to get Plus or Pro (even though not a real estate pro) so I can really take full advantage of this community and take my knowledge to the next level.