Dan Magnotta - Back after a 6 year break.. Lots have changed

7 Replies

I am back on BiggerPockets after a 6 year break. Life threw a few curve balls with the real estate game plan. My initial plan was to finish my time on active duty with the US Military and move to South Florida and start investments. I met a girl and 6 years later she is now my wife, and stayed in the Navy Reserves. We decided to stay in Germany and now our finances and savings are great. I am now getting the real estate bug back, but this time with ammunition and a new partner... My wife.  We are going to do this together!!!

My wife and I are going to start this business from Germany. I grew up in the Pittsburgh Market and after some research we are going to start there. I will continue to live and work in Germany, but I will have the ability to travel back and review my options from time to time. Therefore Teamwork makes the Dream Work. Hoping to sharpen my education and network.

Our goals:

2-5 Years - $2,500 in monthly pass income.

5-10 Years - $10,000 in monthly pass income.

Our strategy is to buy and hold. We feel very confident in achieving our goals with the right team in place. 

We are excited to kick start this journey!!! ... again 

Welcome back. To achieve your ten year goal will take around 1M I’m invested capital unless you BrRr a lot.

Good luck!

@Dan M. my long term goal would be to buy in Malta but I’m not sure the benefits outweigh just renting long term there I wanted to live there or somewhere similar 

Hi @Dan M. Thanks for the colleague request and welcome back to BiggerPockets. I wish you and your wife the best as you partner together on your REI future. Pittsburgh is a wonderful market to invest in. Feel free to reach out to me. Thanks, Gary

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