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Updated almost 12 years ago on . Most recent reply

User Stats

17
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10
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Andrew Portnoy
  • Investor
  • Phoenix, AZ
10
Votes |
17
Posts

New member introduction Denver

Andrew Portnoy
  • Investor
  • Phoenix, AZ
Posted

Hello,

I look forward to learning from and sharing with the Bigger Pocket's community. Since I am new, here is a little about my background. I am a happily employed engineer in Denver. Over the years, I've self managed my investment account through purchase of value stocks have outperformed by benchmark (S&P 500) over the long term.

My interest in real estate is to get my money working for me in a new way. The tax advantages of real estate provide an attractive investment opportunity. With the historically low interest rates, I purchased a 4-plex in December 2012. The core criteria was that 3 of 4 units rented should cover all expenses. Over time, I look forward to reinvesting positive cash flow and discretionary income into new ventures in order to maximize total returns on invested capital.

Andrew

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