Newbie from Los Angeles, CA

[Doug Peters]

I am fairly new to BP, joined in Sept 2018.  But realized I never posted a new member intro.  So here it is! 

I first heard of BP through a random YouTube video.  Someone was recommending @Brandon Turner 's book, "The Book On Rental Property Investing".  So I bought it and started reading it this past summer.  Then started listening to podcasts and searching the BP website since Sept.  I have also been to about 4 local BP events this fall and met some great people there.  Recently just bought 3 more books and just finished the "How to Invest in Real Estate" book.  So great!

I am not a total REI newbie, as have done about 4 small partnerships with some more experienced friends, started about 12 years ago. Sadly haven't made any real good money, and currently, negative cash flowing and looking to sell the remaining 2 properties. A townhouse in Noblesville, IN and a duplex with commercial garage in Chester, PA.

I am wanting to seriously get back into REI for myself and start preparing for FI and retirement hopefully in the next 10-15 years.

After reading the books and also the 7 Years to 7 figure wealth, I am interested in investing in some small multifamily units. I also am very interested in the BRRRR method that Brandon talks so much about on the podcasts and webinars. And yes, still open to long distance rentals but with great cash flow this time.

I am open to your advice and suggestions, and thank you in advance!