Updated almost 5 years ago on . Most recent reply
New member from Ashland, Ky / Huntington, WV Area
Hello All,
Great site!
I'm Josh Stamper (electrical engineer) and I had a realtor tell me about this site (thanks, Shane!) and it is exactly what I need. I have read on and off for almost 2 decades (poor dad, rich dad on a Sunday morning lol) and after talking with Shane in just a few minutes, everything made sense. I am new to real estate and currently in the process of attempting to rent out my first property: my house.
Goals are: do one deal, learn, improve, repeat with a bigger and better deals.
Multifamily looks good but commercial is now on the radar after listening to a few podcasts.
My plan is like most: build a portfolio to cashflow and make $125k to $150k/yr. Then, look for deals to create a portfolio of income now and appreciating properties with risk evaluated.
Ultimate goal is passive income of $1MM/year but still grind out new businesses, make ideas happen, and help others.
Cheers,
Josh