Updated over 7 years ago on . Most recent reply
Where do I start? I'm excited.
Hi guys! I am honored to be here with all you Bigger Pockets. My story is like this: I recently got divorced and gave my 2 properties (one, my home and an art gallery) and one a vacation rental property to my ex in exchange for some cash. My credit rating is nothing to write home about. And I am in between careers, trying to figure out how I will make a decent living and not burn all my cash on life expenses. I have recently been inspired by Robert Kiyosaki and am excited to get going towards becoming a Rich Dad through smart and educated choices in real estate investment. I am a bit overwhelmed by all the choices of direction out there, and am looking at investing in either single or multi-family properties. I can invest $150-200k of my own money and my goal is to be able to make at least $50k/yr profit within 2 years. I would love to hear your thoughts and suggestions for good plans of actions from here...TIA and blessings to all!
Most Popular Reply
@Shani Servetter Since your credit isn't the greatest I would probably use that money to flip some houses out of state or somewhere more price favorable until you get your job/credit situation figured out and then move into value add apartment buildings to hit your cash flow number with all of the cash you made from flipping.
- Jeremy Taggart
