New investor in Madison WI
Hello all,
Just wanted to post my introduction here. My wife and I have been pursuing real estate halfheartedly for a little over a year now, but I'm motivated to get more serious about it now and thought joining this community would be a great place to start.
We both work full time (her as a realtor, myself as a DBA) and we have a goal of living off of our passive income in 10 years time. This strategy began with passive index investing and the more I learn about RE the more I think it is the direction we should be heading. Given our short timeline we need larger returns than the stock market can deliver. We currently have a single family, a 4-plex, and a 12 unit apt building that are all owned 50% by us via a LLC we have with another couple. I'm not sure on our exact strategy going forward, but given the limited free time we have it seems the buy-and-hold rentals strategy is the way to go (and the one we understand most), but there are so many other RE vehicles I know little about and would like to explore them more.
This site seems like a great resource and am excited to learn learn learn and network with some of you more seasoned investors out there!
-Matt