New(ish) Investor from New York City

[Jim MacBean]

Hi All!

My name is Jim MacBean - my wife and I live in Long Island City, NY (part of Queens), and we are burgeoning real estate investors, who also own our condo here in the city. So far we have 4 residential income properties under our belts - 3 SFRs and 1 duplex we just closed on in the last couple weeks. All our deals so far have been out-of-state, and I believe that pattern will probably continue, given we're in NYC. I am an engineering team manager for a popular internet music streaming company (take a guess!), and my wife is a musician (piano, pipe organ) and working to be an opera conductor.

I was aware of BiggerPockets for some time, but I had never really dove into the site until very recently - and WOW, I'm shocked by what I've been missing. I am happy with the path we took to get our foot in the door, but my short time on the site so far has broadened by horizons tremendously, and has me thinking bigger than I ever thought possible - so thank you to Josh, Brandon, and all the other contributors who have made this site what it is today!

My real estate investing goal is to duplicate my current job's total compensation with passive real estate income - the idea being, to be able to take time off whenever I'd like to, and of course - the holy grail of early retirement. 😃 I intend to try doing this by pursuing a couple of main strategies, those being buy-and-hold medium and large-scale apartment complexes (probably often with a BRRRR strategy), and hopefully some Triple Net Deals (NNN), but I am definitely open to trying other things such as Fix & Flips, Partnerships, Syndications, renting out a vacation home (or two!), foreclosures / REOs, and maybe even some private lending at some point.

Everything I've been doing so far has really just been what I've learned through self-education and the little experience I have.  I'm definitely looking to improve my knowledge by interacting with the community.  In addition, I'd love to build up a network of comrades / business partners in the disciplines of Real Estate Agents, Financial Advisors, Listing Brokers, Property Managers, CPAs, Real Estate Attorneys (I have so many questions about LLCs!), Lenders (conventional and private / hard money), and Contractors. I have already joined up with some Meetup groups in my area and am planning to start attending and networking with like-minded folks, soaking up everything I can learn to help us on our journey - and hopefully giving back whatever minute knowledge / experience I've gained along the way as well!

So please, feel free to reach out if you'd like to connect, chat, ask me any questions, etc - would love to meet you guys and slowly become part of the BiggerPockets community!

Jim