Howdy everyone,
My name is Mike.. Before getting into re iI had read a few books and listened to a few audio tapes.. I've been lurking on the site for awhile now.. Wish I had found it before I first started.. I had thought 1% deals were good, have since required at least 2%..

I'm from cali, sacramento, but live in texas now.. got out the navy after 9 years.. was scary since i was halfway to retirement and with unemployment so high.. what was i thinking? but the numbers i was running made me think i could survive on rei.. so far so good.. plus i got dogs now and u can't bring them out to sea with u..

Got my first property is Dec 09.. A sizable duplex by the beach.. live with a bunch of roomies but that can be trying at times.. find myself having to clean up after them but the money is good.. i'm actually able to support myself off this one deal.. crazy.. bought a 2nd duplex with mom a couple months later on the same street.. can't qualify for another loan so thought i was out of the game.. till i did some reading on here and got interested in the 2% rule and cheap homes around 35k.. last month closed on a hud home.. which will be a 3-4% deal.. so things are working out so far..

Love how rei gives you so much freedom.. U don't have to show up to work everyday, answer to the boss, and deal with everyone's issues.. I want to keep building, keep learning, and eventually be able to travel the world whenever I like..