Orrville, OH Moving Near Detroit, MI -- New Investor! Joe H

[Joe Hammel]

Hi! Joe, from Orrville, Ohio here.

Friend referred me to BP podcasts (Sept '18) and I was hooked on real estate after the 1st one! I've since started gobbling up podcasts, webinars, and real estate books ever since!

Goal:

1. I'm here to be able Quit Manufacturing and start Full Time Real Estate 30-35 years old (5-10 yrs) Kills me spending so much of my time working. I'm a passionate person so I put a lot of effort into work. I'm here to put that effort towards something more directed at growing myself.

2. Once Goal #1 is met, I'm sure Growing the Business will come next

Background:

- Bought raw land when i graduated college (2016) which I'm now under contract to sell for a nice profit to help me get started in Real Estate Investing.

- Will be moving to Michigan, little NE of Detroit in the Spring. This is when I plan to Launch my Real Estate Investing Career! Family is in Ohio though, so I'll be back.

- Selling current house, which will be a nice Fix and Flip deal to add some more Capital

Real Estate Investing Plan:

- Learn as much as possible

- Will keep my job until I'm making an equal amount of maintainable income off of Real Estate.

- Do what the deal is but focus on:

1. BRRRR strategy (if needed/applicable) to get started on a couple single Family

2. Maybe start acquiring some multi family rentals

3. If the numbers say "fix and flip" go for it!

4. Get Properties paid off and Cruise!

- Learn as much as possible

- Find good deals!

Work/Education

- Graduated HS 4.0 GPA (2012)

- Working Operator Level Factory (2012-2014)

- Working Team Leader (2014-2017)

- Graduated with Bachelors Degree in Business Management in (2016)

- Department Manager (2017-Present)

- Started MBA but switching focus to Real Estate (2018)

I'm an introvert but getting all this "you need to network" advice...so if you've made it to the bottom of this post, say "hi" if you'd like.

Thanks!

[Gary Carver]

@Joe Hammel welcome to BP. You have a well thought out plan. Continue to do your homework. I also have plans to start investing in multi units