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Updated over 7 years ago,
Novice real estate investor from Hartford, CT
Hi everyone,
My name is JC Foumena and I am a novice real estate investor from Hartford,CT. I have a keen interest in wealth creation and management and am passionate about investing at the macroeconomic and microeconomics level. My interest in real estate investing stems from the fact that I want to be financially secure and provide for my family now and for the distant future. I think that real estate really provides an unique way to develop long term wealth if done correctly. I currently have a full-time job with an insurance company around Hartford, CT and am eager to soak as much knowledge as I can before making my first deal. I joined bigger pockets this month and am looking to expand my knowledge for a year. I have been using the amazing learning resources that are available on bigger pockets. (I started listening to the podcast. It is amazingly goood!!)
My short-term goal is to buy my first investment property by June 2018.
During the next 12 months, I want to :
expand my REI knowledge,
meet and discuss with local and online real estate deal makers,
create my real estate team(RE agent, property manager, accountant, attorney)
get my real estate license( I am not sure if I should start the process of getting my license now or hire a real estate agent for my first deal or do both)
get my personal finance in order
set up a business plan
What to do you guys think about this plan?
With my limited knowledge and the fact that I am working full-time, I am mostly interested in investing in small multifamily rental properties(2-4 units) in CT, MA, and RI. As I get more experienced, I would like to consider other investing venues such as private lending opportunities, investing in rental properties abroad, investing in historic homes. I also want to learn and participate in syndication if the opportunity arises.
I apologize for making a long post but I am sure that it provides a thorough view on my short-term and long-term aspirations and goals. My mantra is to add value in anything that I do.I am very happy to be part of the BiggerPockets family and look forward to discuss with like-minded people.
Please feel free to add my as a colleague or shoot me a message if you can.
Random Fact: I speak fluently French and Spanish.