Newbie In Raleigh, NC

[Ben Brown]

Hey folks! Long time reader of BP here. I figured that after 3 years, it's about time to introduce myself. 

I recently relocated to the Raleigh area after graduating college last year (Finance - RE). During my time in college, I tried to soak up as much as I could about the world of real estate investing. I wanted to have a solid base of knowledge before jumping in. I listened to the podcasts and read more blog posts than I can count (which have all been great by the way). Now that I have a job and a more stable financial position, I'm eager to start my investing career!

The main strategy that I want to focus on is acquiring long-term rentals for cash flow. I'm looking to build up a portfolio of 1-4 unit homes. Down the road, I'm looking at maybe getting into 5+ unit deals, but I figured 1-4 units would be a great place to start. 

If you're in the Raleigh area, it would be great to connect with you! I'm very eager to learn more about what real estate investing looks like practically compared to just reading blog posts. Also, if you have any tips on starting off, I would love to hear them! Happy investing to you all!

Best Regards,

Ben Brown

[Jiri B.]

That's great to hear @Ben Brown . I'm local investor my self. My portfolio is mainly Single Family Homes and Townhomes in Raleigh. All of them are long term rentals that we also mange. 

I actually just created new discussion this AM for new investors like yourself. Here is the link: https://www.biggerpockets.com/forums/12/topics/553...

Let me know if that is something that you could benefit from etc. I think there is more we can do to help beyond just meet ups and forums. 

I think real estate investing is all about getting started. The local market appreciates about 4-6% year over year so every year you wait, you are loosing money. Prices in 2018 are above what the 2007 levels were before the crash so its getting tough to find good deals in order not to get broke when the market corrects.

I believe there is never bad time to invest as long as you are careful and smart about every deal you do.

Let us know what we can do to help you get started!

Jiri