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Updated over 11 years ago,
'New' RE Investor in Los Angeles
Hola Biggerpockets people,
I am a new investor, recently transplanted to Los Angeles via Tacoma, WA > Pullman, WA > San Diego, CA > Washington, DC > Here
I have been on Biggerpockets for some time now, and may have even interacted/posted here and there in the past. I have studied real estate and finance most of my adult life, and work in commercial real estate as a full-time gig.
But, I am now calling myself new here because I now feel I am ready to start planning out how to start working for myself, even if its just on the "side" building a portfolio. (I realize real estate is never actually passive as some people think.)
As much knowledge as I have and time I've spent working for and with the big investors of the world, buying real estate for yourself is a whole other ball game and on a scale of 1-10 I'll (guesstimate) put myself at a level 3.5 right now.
I'm basically looking to get into my first deal within the next year, with a basic game-plan of buying my first home and utilizing financing opportunities available to me know while I still got 'em. LA should be an easy market to dabble in, right?!? (said facetiously)
I hope to be more involved in the community here as I plot and plan my route to success.
On another note, I think I can provide a unique perspective as I have worked in finance for ~5 years, including 3.5 years at a GSE and the rest working with some of the largest private equity funds in the world.
Thanks and hope to talk you y'all soon!