Newbie from Raleigh, NC

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Newbie from Raleigh, NC

Justin Fusco
Benson, NC · Member since 2017 · 3 posts · 2 votes

My name is Justin Fusco and I am brand new to the BiggerPockets community. I live in Benson,NC (about 20-25 miles east of Raleigh). I work as an accountant for steel and industrial distributor in Raleigh. I grew up in Virginia Beach for a most of my life and have lived in North Carolina for about two years. My fiance and I just recently purchased our first home a year ago and my interest for real estate began around that time. 

My future goal is to invest in rental properties around my area to grow a steady cash flow. Once i get my feet wet I want to delve into the world of flipping and possibly explore the commercial market. As of right now I am still in the research and exploration stage of my path. I am currently reading and frequent the BP forums and listen to the podcast daily. I want to acquire as much knowledge as there is to offer and soak up as much information before I finally decide to actually buy anything. I should also add that I am not entering this endeavor alone. My long-time best friend and I have dreamt about a real-estate partnership for years and now we are actually building the ground works. He currently lives in the Washington D.C area and the plan is to divide and conquer. I have known him for over 15 years now and we have worked together in the past on multiple occasions and I think we work exceptionally together.

As I have stated above I have a strong will to learn as much as possible and plan to use BP as a resource in my path to pursue my goals. I would love any recommendations on good books to read especially for someone new to real estate investing. Any help is greatly welcomed and as I learn more I would enjoy helping others with any questions as well. I also would be interested in communicating with anyone from the area to gain a better understanding of Raleigh and the surrounding cities. I currently have a real estate agent, but I am exploring the option of gaining my own license after reading some of the benefits of doing so. I plan to begin investing by the end of the year if I feel like I have covered all my bases and have learned enough to take the plunge. 

I look forward to hearing from all of you and forging connections in the future. I am excited to get started and I wish everyone the best of luck in accomplishing their goals. 

2Reply
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Karen Harris
Radford, VA · Member since 2016 · 75 posts · 19 votes
9y

@Justin Fusco

Welcome to BP! I’m a newbie as well. I have family in Raleigh, so I’m a little familiar with your neck of the woods. Sounds like you have a good plan in place with your best friend. By listening to the podcasts, reading the forums and good books, you’re definitely on the right path. A good book that I recommend is published by Bigger Pockets. It’s entitled, “The Book on Rental Property Investing” by Brandon Turner. It’s a great read and has increased my understanding by leaps and bounds. I’m currently reading “How to Be a Real Estate Investor” by Phil Pustejovsky. He cuts to the chase in this book and provides valuable insights.

I wish you the best in your endeavors! 

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  • Karen Harris
    Radford, VA · Member since 2016 · 75 posts · 19 votes
    9y

    @Justin Fusco

    Welcome to BP! I’m a newbie as well. I have family in Raleigh, so I’m a little familiar with your neck of the woods. Sounds like you have a good plan in place with your best friend. By listening to the podcasts, reading the forums and good books, you’re definitely on the right path. A good book that I recommend is published by Bigger Pockets. It’s entitled, “The Book on Rental Property Investing” by Brandon Turner. It’s a great read and has increased my understanding by leaps and bounds. I’m currently reading “How to Be a Real Estate Investor” by Phil Pustejovsky. He cuts to the chase in this book and provides valuable insights.

    I wish you the best in your endeavors! 

    1Reply
  • Justin Fusco
    OP
    Benson, NC · Member since 2017 · 3 posts · 2 votes
    9y

    Thank you for the recommendations. I was just in the process of purchasing Brandon's book as a matter of fact. Best of luck to you!

    0Reply
  • Jim Brewer
    Investor · Fuquay Varina, NC · Member since 2016 · 77 posts · 26 votes
    9y

    Welcome!

    I'm in Fuquay, not too far from you. The area between Benson and Raleigh is growing a lot, I think you've got the right idea going in. 

    I did just about what you are describing, I got my license mainly because of my interest in REI. I can't say I'd recommend it unless you like the idea of being an agent. A. You won't learn a whole lot that will help you with REI. B. The fees, dues, etc, add up quickly and it ends up being a lot of money just to save on commission and get access to the MLS. Especially if you already have a good agent, I would just team up with them.

    Best of luck to you! Let me know if you'd like to meet up sometime, I was born and raised in Raleigh and know the area well. 

    1Reply
  • Justin Fusco
    OP
    Benson, NC · Member since 2017 · 3 posts · 2 votes
    9y

    Thank you very much Jim! Your thoughts on getting a license are extremely helpful. As I get closer to a point where I feel like I am ready to begin my search I will definitely keep you in mind. Thanks again and best of luck to you.

    0Reply
  • Tom Ott
    Equity Raiser and Turnkey Provider · Cleveland, OH · Member since 2016 · 4k+ posts · 1k+ votes
    9y
    Originally posted by @Justin Fusco:

    My name is Justin Fusco and I am brand new to the BiggerPockets community. I live in Benson,NC (about 20-25 miles east of Raleigh). I work as an accountant for steel and industrial distributor in Raleigh. I grew up in Virginia Beach for a most of my life and have lived in North Carolina for about two years. My fiance and I just recently purchased our first home a year ago and my interest for real estate began around that time. 

    My future goal is to invest in rental properties around my area to grow a steady cash flow. Once i get my feet wet I want to delve into the world of flipping and possibly explore the commercial market. As of right now I am still in the research and exploration stage of my path. I am currently reading and frequent the BP forums and listen to the podcast daily. I want to acquire as much knowledge as there is to offer and soak up as much information before I finally decide to actually buy anything. I should also add that I am not entering this endeavor alone. My long-time best friend and I have dreamt about a real-estate partnership for years and now we are actually building the ground works. He currently lives in the Washington D.C area and the plan is to divide and conquer. I have known him for over 15 years now and we have worked together in the past on multiple occasions and I think we work exceptionally together.

    As I have stated above I have a strong will to learn as much as possible and plan to use BP as a resource in my path to pursue my goals. I would love any recommendations on good books to read especially for someone new to real estate investing. Any help is greatly welcomed and as I learn more I would enjoy helping others with any questions as well. I also would be interested in communicating with anyone from the area to gain a better understanding of Raleigh and the surrounding cities. I currently have a real estate agent, but I am exploring the option of gaining my own license after reading some of the benefits of doing so. I plan to begin investing by the end of the year if I feel like I have covered all my bases and have learned enough to take the plunge. 

    I look forward to hearing from all of you and forging connections in the future. I am excited to get started and I wish everyone the best of luck in accomplishing their goals. 

     Hello and welcome!

    best of luck to you!

    1Reply
  • Dmitriy Fomichenko
    Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
    9y

    @Justin Fusco

    Welcome to the BP family! Here are some recommendations for you:

    Find and connect with other BP members that are in your area:http://www.biggerpockets.com/meet
    Set up keyword alerts to be notified of the topics that interest you:http://www.biggerpockets.com/alerts
    Read Beginner’s Guide:http://www.biggerpockets.com/real-estate-investing
    Check out BP Podcasts:http://www.biggerpockets.com/renewsblog/category/podcast/

    If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box. He or she will be notified of being tagged so that the conversation will continue.

    Wishing you the best!

    1Reply
  • Mark Nolan
    Professional · Carlsbad, CA · Member since 2012 · 12k+ posts · 1k+ votes
    9y

    @Justin Fusco

    Welcome to Bigger Pockets. A great resource is the webinars section of the website. https://www.biggerpockets.com/proreplay

    1Reply
  • Keith N.
    Investor · Raleigh, NC · Member since 2015 · 189 posts · 102 votes
    9y

    @Justin Fusco Welcome to BP! There is a solid group of BPers in the triangle area.  And some in Raleigh who do meetups pretty frequently.

    0Reply
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