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Updated about 7 years ago on . Most recent reply

User Stats

37
Posts
12
Votes
GC Vaghasia
  • Norwood, NJ
12
Votes |
37
Posts

Newbie flipper from New Jersey :-)

GC Vaghasia
  • Norwood, NJ
Posted

Hello BP Community!

I recently stumbled upon BiggerPockets and am totally hooked!! The community is filled with people from all walks of life who are involved or want to be involved with real estate in some fashion. Truly a great resource especially for newbies like myself. So, here's my intro:

For the last 20 years or so, I have started multiple businesses - mainly in the information technology space. I also have some investments in the hospitality industry and some multi-family houses in Northern Jersey. I would like to fully concentrate on expanding my real estate portfolio by utilizing the BRRR strategies with both single and multi-family properties. I have my own construction crew and am in the process of getting the Home Repair Contractor License for my LLC. I am looking to purchase REO properties through wholesalers so my team and I can quickly rehab the properties. I will be hopefully closing on my first property next week. Although I am using my own funds, I want to establish relationships with Hard Money Lenders, Banks and Private Lenders to facilitate worthy deals.

I attended a North Jersey REI group meetup in Paramus this past week and look forward to networking with other like-minded individuals in the days, weeks and months ahead. This is an amazing platform where we can share our stories and learn from one another! I'm very excited about this business and look forward to hearing from you guys!

Best of luck to all in this new year!

Thanks,

GC Vaghasia

Most Popular Reply

User Stats

426
Posts
226
Votes
Mateusz Prawdzik
  • Developer
  • Little Ferry, NJ
226
Votes |
426
Posts
Mateusz Prawdzik
  • Developer
  • Little Ferry, NJ
Replied

@GC Vaghasia Welcome, great to see that you are finally taking the step. It is a little late, but better late than never. Where are you looking to purchase? What kind of scale of rehab are you looking for? I have anything from simple rehab to new constructions. Sometimes I don't pick something up that I don't have enough time to manage so I wholesale it.

Additionally, if you are looking for any advice/ partnering / managing, please let me know, I haven't been in the game long but I have an abundance of knowledge that I feel can be of value to most people. 

Thanks, I wish you much success.

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