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Updated over 7 years ago on . Most recent reply

User Stats

15
Posts
7
Votes
Jared McNeel
  • Salt Lake City, UT
7
Votes |
15
Posts

Newbie from Salt Lake City, Utah

Jared McNeel
  • Salt Lake City, UT
Posted

Hello everyone! My name is Jared McNeel and I am a healthcare professional and newbie investor from Salt Lake City, Utah. I have a degree in business and finance, work full-time, and have a dad who is a general contractor. 

I have joined Bigger Pockets to associate and network with others who share a common interest in RE investing and would like to network with as many investors/private lenders as possible. Since I am very new I have a lot of questions that hopefully others in the BP community might be able to answer. 

My current/primary goal(s):

I am acquiring my first property in mid November through a traditional lender and am trying to better understand how to use this property as rental income (through placing tenents) and to then keep building up a rental portfolio one house at a time. Basically, I would like find out how to go from one property to two and then have the trend continue. How would I be able to purchase another property financially with a lender if I already have debt from my first property?

SInce my first deal was purchased through family I did not need a realtor and would like to meet one here on Bigger Pockets in my area who could send me leads and alerts for possible future deals. 

Thanks in advance everyone! 

Most Popular Reply

User Stats

15
Posts
7
Votes
Jared McNeel
  • Salt Lake City, UT
7
Votes |
15
Posts
Jared McNeel
  • Salt Lake City, UT
Replied

@Justin Dossey: That is defintely a book that has been on my list! Thanks for reminding me to get it.. I have good W-2 income but haven't looked into wholesaling. I will have to do more digging. Thanks for the welcome!

@Curtis Fergus: Thanks man! One more question, do you attend any REIA groups in the Salt Lake area? I want to know which ones are worth my time.

@Andrew Syrios: Thanks for the welcome! Good luck in your ventures as well.

@Matt Motil: Hey Matt, great I'm hoping to be able to get all lined up sometime in the future.! My first property was very shakey, probably because I'm new at this whole thing. Thanks for the great words of advice!

@Brian K.: Thanks Bryan!

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