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Updated over 5 years ago on . Most recent reply

User Stats

59
Posts
60
Votes
Jonathan Killam
  • Lender
  • Charlotte, NC
60
Votes |
59
Posts

Beginning stages of Wealth

Jonathan Killam
  • Lender
  • Charlotte, NC
Posted

Hello everyone,

I'm from New Hampshire. I've been researching how to escape this rat race like a mad man for the past six or seven month now. I've consumed countless books on business and investing, and typically find them very disappointing being that the bulk are just a sales pitch for something else. I've been scouring the internet, watching YouTube videos and pod casts. I've even been to a couple seminars. All of this has led me here, and I've been delighted at the wealth of great information I've found so far.

Now, I've come to the realization that the next step is to build a team that will help guide me down my desired path. I'm planning to invest in rental properties (BRRRR), and I will also be building business's which I will sell as turn key.

As of late I have been scheduling interviews with Realtors, Advisors, Attorneys, and CPA's. I have family in construction, so rehabs are covered.

I'm here to make new connections and most importantly expand my knowledge. I only do business with people that I meet face to face, so please keep this in mind if you'd like to work with me. Otherwise any and all advise is very welcome and greatly appreciated.

Best regards,

-Jonathan

Most Popular Reply

User Stats

630
Posts
419
Votes
Matt Lefebvre
  • Real Estate Broker
  • Manchester, NH
419
Votes |
630
Posts
Matt Lefebvre
  • Real Estate Broker
  • Manchester, NH
Replied

Welcome to BiggerPockets @Jonathan Killam!  I agree that much of the knowledge that is "sold" out there (through books or seminars) tends to be very salesy and motivational, rather than actionable content.  Much of the knowledge here on BiggerPockets is far more actionable and in line with what you are looking for to help get you involved in investing! 

As you grow a network of people you work with, BP can be a great resource for some of those connections, but also I'd encourage you to attend local meet-ups.  There are events that happen monthly in the Seacoast, Nashua, and Manchester here in New Hampshire.  I would encourage you to still grow your network of contractors as well even if you feel like your family has you covered in that area.  I'm good friends with (and family with at least one) contractor and I started getting estimates on a mainly cosmetic rehab project.  Every single estimate was coming in right around double what I had budgeted for.  After weeding through a lot of people, I finally started asking some other investors who these and how they keep their costs down... This connected me directly to some subs (flooring guy, painting guy, general contractor who specializes in apartment rehabs) that I've had to do a little management of, but has gotten my cost back within my budget.  Moral of that story, keep getting second opinions until you're satisfied that the price really is "the price".

Best of luck with your investing and feel free to reach out if you have any questions about the market! 

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