Hello to Bigger Pockets (New Member)

[Shishir Mahajan]

Hello everyone,

I joined bigger pockets a while ago. I have recently moved to bay area for a job and have never been a home owner.

When I see the exorbitant house prices in bay area, I don't feel like buying a house here. I am happy renting for now :)

I am completely new to real estate, and have never invested in real estate (or REIT) myself.

I am looking to use Bigger Pockets to enhance my knowledge and even invest once I have acquired some knowledge.

My short term goal (1-1.5 yrs from now) is to start by buying a studio/1-bedroom apartment in either San diego or Atlanta.

By buying, I am talking about taking a traditional mortgage by doing 20% down and taking a home loan on that. N convert that into a remote (Somewhat automated, so that I don't have to be there to manage the property) airbnb. This way I can keep living/renting in bay area. and get my hands dirty by buying something reasonably priced, and get some exposure to real estate before I can move onto a bigger project.

I would love to hear what experts here think of my plan in gaining some real world (real estate) experience.

/sh