All Forum Posts by: Geoff Engel

I get it, @Geoff Engel. But if you had access to 100% financing for a fix/flip, would you be at "that point"?

Hi @Geoff Engel

Welcome to the BiggerPockets community! First off, I have to say—great intro, and I love the humor about your name! It sounds like you’ve been doing some serious groundwork with all the reading and research, which is such a strong start to your journey toward FI and retiring by 55.

It’s awesome that you’re exploring real estate as an option, even if you’re not completely sold on being a landlord yet. One of the great things about real estate is that there are so many ways to approach it—house hacking, short-term rentals, turnkey investments, or even partnerships. You’ll likely find a strategy that aligns with your goals and lifestyle.

Since you’ve been enjoying the BiggerPockets Money podcast, I’d also recommend checking out the Real Estate Rookie podcast—it’s great for diving into beginner-friendly strategies and learning from others who’ve been in your shoes.

Feel free to reach out if you want to chat more or bounce around ideas. I’d love to hear more about what you’re considering and help point you toward resources that align with your goals.

Best of luck as you map out this exciting next chapter—I’m confident you’ll crush it!

@Geoff Engel depending on what amount of available cash you are starting with and what you ultimately want to achieve will help determine your path. Also, how much time do you want to spend doing real estate vs. your main job or extra work in order to fund it. An option to better understand and see the model without having to spend all the time is turnkey interesting. Check out this podcast from BP, with Dave Meyer and Chris Clothier from Nov.

we work with clients all the time in your situation and can help strategize your portfolio to reach your 10-15 year goals! It's definitely not late though!

@Geoff Engel If you don't want to be a landlord but still want to be involved with investing you could be a private money lender for flips or in partnerships and bring the money to the deal. Make sure you do business with people you have vetted and are confident they will get the job done. 

Hey @Geoff Engel, welcome to the BP Forum! What type of properties are you interested in, SF, 2-4 MF, or 5+ MF? And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"? The answers to these should form a good foundation for the forum to respond with some ideas.