Updated almost 9 years ago on . Most recent reply
Rob , real estate investor from Rhode Island
I am new to the Bigger Pockets Community, but have been investing for around 4 years now. I currently have 12 units (6 residential apartments & 6 garage storage units). We are currently on the lookout for a new property to add to our portfolio which will then yield us another 3-5 residential units and possible some more garage storage units.
My wife and I started our company about 4 years ago and have slowly been building it up and increasing our holdings. Our goal is to increase our net worth, to help supplement retirement income down the road and to currently provide a stream of cash flow to enjoy some of the finer things in life.
We both work full time in professional careers and have so far found a way to manage careers and the real estate business while keeping up with two kids (15 yrs & 20 Yrs old). As we grow we will more than likely start to consider property management companies, but we are not there yet. I do have a background in building and remodeling so there is a chance that if we get far enough into this and can generate enough income, I may do this full time. Scary thought!
One of the first things I did 4 years ago was to join the Rhode island Real Estate investors Group (RIREIG) which has been invaluable as a resource. This group has taught me how important it is to connect yourself with groups of like minded people with the same interests and goals. hence the reason for joining Bigger Pockets.
I look forward to exploring all that this site and group has to offer and hopefully be a good contributor to this group.
Regards,
Rob Wodogaza
Most Popular Reply
From personal experience, Anthony from the RIREIG is a great resource. Looking forward to seeing you at the next meeting in October.
Stephen