New Member From Bedford, New Hampshire

New Member From Bedford, New Hampshire

Bedford, NH · Member since 2016 · 10 posts · 6 votes

Greetings Bigger Pockets Community,

My name is Zack Taylor.  I'm 33, I have a wife and two year old son and they are my world.  I currently work full time for the government, but I hope to use real estate investing to secure my family's financial future, and to potentially reach some financial goals ahead of schedule by obtaining cash flowing rental properties.

I found Bigger Pockets at the recommendation of a friend and coworker that is planning to begin investing in the next year or two.  I have since been listening to the podcast and have spent a little time reading the forums to try and learn as much as I can.  I also have a few books checked out of the library to get me started.

My wife and I initially got into "investing" after we bought our second home.  We had bought our first home, a two story townhouse, in 2009 in Bellingham, Massachusetts.  In 2012 when we were looking to find a new home in New Hampshire, where I work, the value of our townhouse hadn't risen enough for us to justify selling.  We've rented our townhouse for four years but our current tenants are moving out this month and with that we have decided to sell the property.  This will allow us to use some of that equity we had built up to purchase a property with better investment possibilities.

Our long term goal is to build a portfolio of cashflowing rental properties that we will hold and hopefully pass on to our children.  We plan to acquire our first true investment property within the next six to nine months and work towards turning that into four to five properties within the next ten years.  We also want to be able to take care of our parents as they start aging and we believe that having passive income through rental properties is the best way to offset those costs.

Thank you for spending the time reading this lengthy (I like to think thorough) introduction.  I look forward to learning everything I can from this community and I can't wait to start on this journey.

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Center Conway, NH · Member since 2016 · 26 posts · 3 votes
9y

Zachary

welcome and I wish you much success. I am new as well 

Keith

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  • Center Conway, NH · Member since 2016 · 26 posts · 3 votes
    9y

    Zachary

    welcome and I wish you much success. I am new as well 

    Keith

  • Real Estate Agent · Loudon, NH · Member since 2011 · 15 posts · 7 votes
    9y

    Welcome Zach. I'm in NH as well just starting my investment journey despite having been a real estate agent for nearly 20 years. Oh well! Better late than never, right? Do you know if you are looking for single family homes or multi family properties? What towns in NH are you searching in? Happy to connect, help and learn together!

    Link

  • Manchester , NH · Member since 2016 · 11 posts · 2 votes
    9y
    Welcome Zach, also new to real estate investing in New Hampshire looking to connect with folks at events so definitely go there and ask as many questions as possible Best of luck to all Francis
  • Bedford, NH · Member since 2016 · 10 posts · 6 votes
    9y
    Thanks for the welcome everyone. I look forward to this journey ahead. Link, we are interested in anything that will cash flow but more than likely multi unit properties. Fortunately for us, Concord, Manchester, and Nashua are all within half an hour of us which gives three solid small city markets with investment potential. Are you looking at any particular markets? Do you know the viability of the rental market in the lakes region? Any chance you know whether vacation rental properties in that area are viable investments? Best of luck to all of you as well.
  • Investor · Manchester, NH · Member since 2016 · 164 posts · 83 votes
    9y

    Welcome Zach

  • Real Estate Broker · Manchester, NH · Member since 2014 · 630 posts · 420 votes
    9y

    Welcome to BiggerPockets @Zachary Taylor!  There are a lot of great people and resources available here.  I'd definitely encourage you to check out some of the local real estate meet-ups and connect with folks there as well.  It'll help you get a little more familiar with the real estate markets around the state.  Concord, Manchester, and Nashua are definitely your largest markets on the 93 corridor and probably the best ones to consider initially if you're in Bedford.  

    Best of luck with your investing, and let me know if you have any questions!  

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