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Updated over 7 years ago on . Most recent reply
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New investor from New Jersey
Hello all! My name is Mike Burke and I am a 27 year old new/soon to be investor in the South/Central part of New Jersey in the Ocean and Monmouth County. I made some pretty difficult choices(nothing illegal!) to establish capital to start investing and now I just need to get it going(No more analysis paralysis). Luckily I have an Aunt and Uncle who coach and mentor me who have been in the industry for many many years. They have experience in: Commercial building, leasing, buy, and sell as well as residential building, renting, fix and flip. I connected with a local agent to get the auto emails on the MLS and now everywhere I go I look for vacant/distressed/foreclosed homes to potentially invest in. Right now I am trying to learn more on analyzing a deal which I feel I am just about ready!
My Real Estate Investing goals are to initially invest in fix/flips to build relationships, capital, and experience then in the future purchase multi-unit rentals for the passive income. As far as my business goals, I would love to learn to automate most of what is needed and be less involved by having a team who trusts each other doing what they do best.
Hopefully I can connect and network with other investors, mentors, lenders, etc in the area as you never know who will come along and help build a successful working relationship/partnership with.
The BP podcasts, books, webinars, blog posts, and forums have been a huge help so far and I truly hope in the future I can pay it back to other new investors seeking help.
Thank you for reading!
Most Popular Reply
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@James Caruso Thank you. I consider myself very fortunate to be able to have them or anyone there from the very start.
@Dave Visaya Thank you. I have and will be taking full advantage!
@David Weintraub Yeah! From Hazlet to Barnegat. I definitely will, thank you.
@Darren Sager Thanks!