Left for a while to pay off debt, now I'm back and I went Pro!

1 Reply

Hello BP Family,

I joined last year shortly after stumbling upon the Bigger Pockets Podcast, bought some books, considered going Pro, read Set for Life, and decided I'd pay off some debt first. Well, I'm back! I paid off more than $40k in debt in the last 12 months, and now I'm excited to get started putting my reps in analyzing properties and choosing/learning my market. I know, I know, I should have been doing this for 12 months by now. I hear you, but I intend to put my reps in using BP's calculators and I only had 5 uses, AND I did a lot of overtime... like, I earned $114k in a job with a base pay of ~$60k. So, I hope you'll forgive me. 

To introduce myself, I am a 29yo formerly an active duty Marine who's married with 4 children and enthusiastically devoted to self-improvement. 

To make clear my position in the near future, though I'm a believer in hard work, I'm also a believer in keeping one's priorities straight which is why I plan to invest in Real Estate only insofar as I can do so without committing too much of my time to it. That's not to say that I intend to only contribute my finances, and I'm not a lazy person, I just know that for now between my "day job" and my family I'm not going to have time to hustle and deal with contractors, etc. So, when I'm finished building my financial runway/launchpad, I'll be investing primarily as a deal-finder and financier, not so much as a hustler. In the meantime, I look forward to networking, reading, and otherwise preparing myself. 

See you in the forums, 

Trent

Originally posted by @Trent Otts :

Hello BP Family,

I joined last year shortly after stumbling upon the Bigger Pockets Podcast, bought some books, considered going Pro, read Set for Life, and decided I'd pay off some debt first. Well, I'm back! I paid off more than $40k in debt in the last 12 months, and now I'm excited to get started putting my reps in analyzing properties and choosing/learning my market. I know, I know, I should have been doing this for 12 months by now. I hear you, but I intend to put my reps in using BP's calculators and I only had 5 uses, AND I did a lot of overtime... like, I earned $114k in a job with a base pay of ~$60k. So, I hope you'll forgive me. 

To introduce myself, I am a 29yo formerly an active duty Marine who's married with 4 children and enthusiastically devoted to self-improvement. 

To make clear my position in the near future, though I'm a believer in hard work, I'm also a believer in keeping one's priorities straight which is why I plan to invest in Real Estate only insofar as I can do so without committing too much of my time to it. That's not to say that I intend to only contribute my finances, and I'm not a lazy person, I just know that for now between my "day job" and my family I'm not going to have time to hustle and deal with contractors, etc. So, when I'm finished building my financial runway/launchpad, I'll be investing primarily as a deal-finder and financier, not so much as a hustler. In the meantime, I look forward to networking, reading, and otherwise preparing myself. 

See you in the forums, 

Trent

Welcome back! I think you made the right choice of removing debt first. Far too many people try to invest without first getting their personal finances in order, which creates a house on a foundation of sand.

Good luck!

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