Novice from Westbury, NY looking for security when retired

[Elizabeth Garcia]

Greetings and salutations, I’m a novice who is interested in buying my first property by no later than the end of 2019. I’m a registered nurse and, while I make a decent amount now, I want to buy rental properties to hold in order to build up enough wealth to support me in my retirement.

My real estate background is minimal, which is why I’m so happy I recently found Bigger Pockets via Pintrest. The articles contained within are a real eye opener, especially those of Coach Carson, from whom I learned more from his articles and videos, than all the real estate investment books I check out from my local library.

While I know I need more education, I know for certain that at this point, I want a buy and hold rental property. Initially I had decided it was best for me to invest in a multifamily in the NYC area since the houses are quite expensive, but after listening to podcast episode 257 “But my market is too expensive!” I’m now considering looking out of state (I can either use down payment towards 1 home in NY, or towards 2-3 properties outside the state).  

I'm looking forward to connecting with other members of the BP community and if anyone could suggest any REI meet ups in the NYC area that focus on rental properties (MFH) or out of state buying (there are so many meet ups it's hard to decide), I'd greatly appreciate it.