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Updated 2 days ago on . Most recent reply

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Dan Mcknight
  • New to Real Estate
  • Madison, WI
5
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7
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New to this but obsessed!

Dan Mcknight
  • New to Real Estate
  • Madison, WI
Posted

Hello everybody!

My name is Dan and I am currently moving to Madison Wisconsin.  I started my journey officially 5 years ago when I bought a house in Alamogordo New Mexico.  I bought the house because nobody would rent to me and my St Bernard because my baby was over 50 lbs.  When it was time for me to leave, I decided to rent out my house.  5 years later, I still have the same tenant!

I retired from the military last year and have been struggling to find a job that I am actually interested in.  Then one day, I was watching a video on Facebook about making money through real estate (you know what I am talking about). It struck me, I have been building spreadsheets about buying a new house and renting it out when we leave and what that would look like over time with different interest rates, increases in rents, new purchases, etc.  I have actually been doing this casually for years. 

I am ready to do it for real! I am ready to learn. I want to know it all, I am so hungry for it.  

I have some ideas already but have no real mentorship or guidance. I do have a cheap property and a plan that is completely affordable and won't bankrupt me if I have a bunch of growing pains. It sure would be great if I could avoid some of them.  

I have spent a life time as a team member, a leader, and a mentor.  I get the feeling, the real estate investor community has that same personality that I can real learn from, share with, and eventually pass on. 

thank you for reading my long winded introduction and I look forward to hearing from people from all over. 

  • Dan Mcknight
  • Most Popular Reply

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    Abel Curiel
    #1 Real Estate Horror Stories Contributor
    • Real Estate Agent
    • Queens, NY
    1,591
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    Abel Curiel
    #1 Real Estate Horror Stories Contributor
    • Real Estate Agent
    • Queens, NY
    Replied
    Quote from @Dan Mcknight:

    Hello everybody!

    My name is Dan and I am currently moving to Madison Wisconsin.  I started my journey officially 5 years ago when I bought a house in Alamogordo New Mexico.  I bought the house because nobody would rent to me and my St Bernard because my baby was over 50 lbs.  When it was time for me to leave, I decided to rent out my house.  5 years later, I still have the same tenant!

    I retired from the military last year and have been struggling to find a job that I am actually interested in.  Then one day, I was watching a video on Facebook about making money through real estate (you know what I am talking about). It struck me, I have been building spreadsheets about buying a new house and renting it out when we leave and what that would look like over time with different interest rates, increases in rents, new purchases, etc.  I have actually been doing this casually for years. 

    I am ready to do it for real! I am ready to learn. I want to know it all, I am so hungry for it.  

    I have some ideas already but have no real mentorship or guidance. I do have a cheap property and a plan that is completely affordable and won't bankrupt me if I have a bunch of growing pains. It sure would be great if I could avoid some of them.  

    I have spent a life time as a team member, a leader, and a mentor.  I get the feeling, the real estate investor community has that same personality that I can real learn from, share with, and eventually pass on. 

    thank you for reading my long winded introduction and I look forward to hearing from people from all over. 


     You're in the right place, Dan!

    Congrats on your retirement and thank you for your service to our country.

    I'd recommend staying active on these forums especially by building your keyword alerts. This will lead to you getting notifications anytime a location OR topic of interest is mentioned on BiggerPockets.

    Secondly, I'd recommend you begin attending local investor events via eventbrite, meetup.com or BiggerPockets meetups

    Lastly, ask around! Speak about Real Estate to your family, friends, neighbors, former co-workers and any other acquaintances. You'd be surprised how many people are either already involved OR have a similar desire/obsession to get into RE investing.

    All the best!

    Abel

    • Abel Curiel
    business profile image
    REbuild Team - eXp Realty
    5.0 stars
    215 Reviews

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