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Updated over 7 years ago,

User Stats

59
Posts
21
Votes
Tony Xu
  • Investor
  • New York
21
Votes |
59
Posts

Newbie from San Francisco CA

Tony Xu
  • Investor
  • New York
Posted

Hi everyone! 

I am fairly new to real estate investing and mostly here to learn and network! I'm currently in my late 20s and work as a senior software engineer at a big tech company in SF. I was fortunate enough to start off with a 6 figure salary, so I have no debts, and am already investing in things like index funds, 401k, my company's stock plan, etc. I am looking to branch in to real estate investing next and looking forward to networking with the people here!

My main goal is to build up my personal net worth and gain cash flow. Since the SF markets is not really currently in my price range, I am looking to make partners in other regions, either the midwest or Texas area, maybe starting with a turnkey service and eventually moving in to having my own teams as I get more familiar with everything. 

Ideally I am looking at single or multi unit rental properties that can be cash flow positive around the ~100k range, so ~25k down. That way, I can get multiple properties and spread out my risk.

I am definitely looking for people from all regions and skill levels to network and learn from. Even though I probably don't have a lot I can help with on the REI front, I might be able to offer help in other areas such as new technologies, etc.

Looking forward to meeting everyone!

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