Ezra Hodgson from Barrington, New Hampshire

[Ezra Hodgson]

My name is Ezra Hodgson, and I recently obtained my real estate license in New Hampshire. Currently I am a dual career agent as I find my way in real estate, trying to ease my way into it as best I can. Fingers crossed, but my first deal should be closing this November. 

I have family members who have been able to successfully leverage real estate to achieve financial freedom and seeing how they are able to live gives me something to work towards. Also, my wife and I are expecting our first child this coming March and being able to build passive income is a goal of mine to help give me more time with the people who matter most.

Being new to real estate investment and real estate in general, I want to learn as much as I can before diving head first into my first deal. Living in a highly competitive part of NH, I don't want to bite off more than I can chew.

As a first time investor what do you think I should most look for in my first investment property?

[Matt Lefebvre]

Welcome to BiggerPockets @Ezra Hodgson and congratulations on obtaining your real estate license here in New Hampshire!  Getting started with investments is always the scariest and sometimes most challenging first step.  Ultimately what you start with depends on where you want to end up and what you're able to do.  If you are renting right now and looking for a way to decrease your living expenses, you might want to consider owner-occupying a small multifamily and putting low money down (3.5% minimum typically).  If you have a fairly solid job and good savings, you might want to consider investing in a small multifamily that you don't live in and getting the basics of investing down through that.  If you want to take on a more active role in your investing and have some skills or some good money, you could consider flipping (which is becoming more and more difficult in NH with the shortage of inventory).  

What are your goals with your first deal?  That defines what direction to start and what type of properties to be looking at.  

Best of luck, and feel free to reach out if you have questions along the way!