Updated over 8 years ago on . Most recent reply
Navy Pilot - New Investor
Hello!
My name is Rob Roy and all of my life up to this point has been dedicated to achieving a life-long dream of becoming a Naval Aviator. However, now I'm looking towards the future. I have recently decided that I must supplement my current government income through passive means so that I can set myself up for a great position to "escape the rat race" when I transition to civilian life in a few years. I am doing all I can now to educate myself (through podcasts, books, etc.) on the ins and outs of real estate investing and each week I feel more confident in my ability to truly thrive in this arena in the not too distant future. I look forward to getting to know all of you and am excited for the opportunities that lie ahead!
Most Popular Reply
Rob Roy congratulations on achieving your first professional ambition. Your service and achievement to date make us proud to be American. Nicely done. Go Navy!
Your next aim is similarly impressive and challenging. The key will be to maintain commitment to undertake what others won't or can't by constraining your own consumption to house people other than yours.
It is a meaningful and rewarding service but a challenging one initially. Finding inspiration from those undertaking similar journeys will help. Heroes, mentors, partners all make the effort easier. But it is a slow go in the early months/years so be prepared to be committed.
If you are looking for content beyond BP to read consider some of the following:
The Richest Man in Babylon
Rich Dad Poor Dad
The Millionaire Next Door
The Millionaire Mind
The Snowball
and
Mr Money Mustache
Each of the above will help with perspective, systems, delayed gratification and subscribing to the alternate path - the one to wealth rather than to consumer debt.
Enjoy the BP podcasts from 1 on. The production quality improves with each episode and many of the early ones, like number 2, help when just getting started.
Don't be too surprised if the content above makes you think quite differently about your primary residence in the short run.
Lastly, don't undertake the journey alone. Be sure your life partner is with you in mind and spirit every step of the way.
Good luck!