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All Forum Posts by: David Pickard

David Pickard has started 3 posts and replied 37 times.

Post: College Drop out to First Deal

David PickardPosted
  • Rental Property Investor
  • Bloomfield, NJ
  • Posts 37
  • Votes 6

@Garrett Gable

Awesome! Great to hear. You are getting a better education out there on the streets than you are in the classroom, in my opinion. Keep it rolling my friend. Also if you're interested there is a book called "The Education of Millionaires" by Michael Ellsberg, it is about millionaires who never finished school. Check it out, if you haven't read it already.

Post: Officially a Real Estate Investor

David PickardPosted
  • Rental Property Investor
  • Bloomfield, NJ
  • Posts 37
  • Votes 6

Awesome to hear @Mat Canada! Keep the ball rolling!

Post: Starting out

David PickardPosted
  • Rental Property Investor
  • Bloomfield, NJ
  • Posts 37
  • Votes 6

@Aquiles Veras

Check out this other forum post, it is a great thread and contains a lot of awesome information. Altough it is not specific to Northern NJ, it still has a lot of worth.

http://biggerpockets.us1.list-manage.com/track/click?u=9038d68f4b0e0044fb104a6af&id=70c5c30418&e=2e8287f49c

Post: Semi-Newb from Jersey City, New Jersey

David PickardPosted
  • Rental Property Investor
  • Bloomfield, NJ
  • Posts 37
  • Votes 6

@Sunny Suh

I am from the northern NJ area and new to REI as well. I'm looking for my first property to buy too. I wish you the best of luck and hope to see you at a meet up sometime in the near future.

Post: First full-cash flow month for both properties

David PickardPosted
  • Rental Property Investor
  • Bloomfield, NJ
  • Posts 37
  • Votes 6

@Zach Adams

Awesome! Thank you for sharing and giving others motivation! keep up the good work.

Post: Northern New Jersey Multi-Family House Hack

David PickardPosted
  • Rental Property Investor
  • Bloomfield, NJ
  • Posts 37
  • Votes 6

I live in southern Bergen County. We have easy and quick access to the city via train and bus. I am a 2 minute walk from the train and I live on the bus route. That was just a piggy back comment off of Kevin's.

I am also looking to house hack in this area as well. @Jonathan B. good luck.

Post: Complete tear down and rebulid for my first?

David PickardPosted
  • Rental Property Investor
  • Bloomfield, NJ
  • Posts 37
  • Votes 6

@Assaf Furman

Great pointers, thank you. I definitely don't plan on giving it away, but I will have to find some way to creatively finance this deal.

Post: Complete tear down and rebulid for my first?

David PickardPosted
  • Rental Property Investor
  • Bloomfield, NJ
  • Posts 37
  • Votes 6

@Dennis Jayy

Thank you for that information. I will get in touch with an architect. The location is good. The house is in a very nice neighborhood outside of NYC.

Post: Complete tear down and rebulid for my first?

David PickardPosted
  • Rental Property Investor
  • Bloomfield, NJ
  • Posts 37
  • Votes 6

@Jay Hinrichs

Thank you again. That's why I was asking. The home is owned by and elder family member of mine who cant take care of it anymore and just wants to get rid of it. And I see this as a great opportunity for me to break into REI. I was trying to get opinions on if it would be a better idea to flip or build a multi-family on the property and do the whole house hacking bit. I will take a trip over to the city planning this week.

Post: Complete tear down and rebulid for my first?

David PickardPosted
  • Rental Property Investor
  • Bloomfield, NJ
  • Posts 37
  • Votes 6

@Jay Hinrichs

 Thank you. I will look into that. I was also considering a fix and flip. I could get the house for under $90k and the median list price in the area according to redfin is $424k. I just don't know how extensive and costly the rehab would be for the house.