Rental Property Investor · Dallas, TX · Member since 2016 · 3 posts · 1 vote
Hello BP Community!
I am new to the website, but not to the notion of REI. My wife and I are looking to expand and build a real-estate portfolio of mid to long-term, cash flowing, multi-families and SFH's. I currently work as the accounts payable manager at an engineering company in Kansas City.
I received my business degree at UMKC, and have always had a passion for entrepreneurship. I’m currently reading The Book on Rental Property Investing by Brandon Turner and am really enjoying it!
I look forward to interacting with many of you and intend on becoming an active member in the community as I learn more and continue on my own journey into real-estate investing. I’m excited to build positive, and mutually beneficial relationships her at BP. From what I have seen already the community here is awesome!
One thought off the top of my head: Your day job is extremely valuable as you get into RE investing. It looks great to a lender -- bank, hard money, or private -- if you decide to pursue financing of any kind.
While I know many people dream of dropping their day job to do RE investing full-time, I'd encourage you to leverage the credibility of your day job as you start to build cash flow and wealth. Search the BP forums for blogs and podcasts on this topic. Then build your own plan that's best for you.
Rental Property Investor · Applegate, OR · Member since 2012 · 177 posts · 51 votes
10y
Hey James! Thanks for introducing yourself. Welcome to the BP community. You will find an incredible amount of invaluable investing information on this site. Make sure to check out the latest blog posts and podcasts to further your knowledge.
One thought off the top of my head: Your day job is extremely valuable as you get into RE investing. It looks great to a lender -- bank, hard money, or private -- if you decide to pursue financing of any kind.
While I know many people dream of dropping their day job to do RE investing full-time, I'd encourage you to leverage the credibility of your day job as you start to build cash flow and wealth. Search the BP forums for blogs and podcasts on this topic. Then build your own plan that's best for you.
Rental Property Investor · Dallas, TX · Member since 2016 · 3 posts · 1 vote
10y
@Brandon Holley@Sean Edgar Good advice, I'm already several in and they contain some really valuable information!
@Jim Genis Thank you for the suggestion, it is exactly what I plan on doing! I'm actually very lucky in that I love my day job. I'm planning on investing in real-estate as a part-time job to build financial independence for my wife and I. As I continue to advance in the engineering company, I will be able to advance my plans and portfolio of real-estate.