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Updated 23 days ago on . Most recent reply

Still wet behind the ears.
Hello all,
Like everyone else on this thread I am a new investor. I have zero assets. The interest with real estate investing started for me a few years ago when I made some bad decisions and bought a SFH on OT that I couldn't afford without it in the name of improving my family's quality of life. Once the overtime was cut, I was getting desperate to make ends meet. I started researching how the wealthy created their wealth and maintained it. I started looking and researching things that I never would have in the past. (lots of get rich quick scheme traps out there) We went through trying to sell our old house, then getting it ready to rent but the funds dried up. With two mortgages I decided to move us back into the old house which was a lower expense and sell the new one.
Now a year later with some career changes we are back on the right side of things. I am excited to start this investing journey and forever change my family's life. I am working with a family friend who is a successful realtor and young investor, whom we share similar life goals. I am currently looking to invest in my local market for my first asset. I have some very aggressive and ambitious goals, and it will take some creativity to make it happen. I am focusing on MFH 2-4 doors.
Acquire my first asset in 90 days.
Acquire 3 assets in the first year.
Acquire 12 assets in 5 years.
Quit my W-2 in 5-10 years.
Sincerely,
Jared