All Forum Posts by: Michael Gray
Michael Gray has started 1 posts and replied 11 times.
Post: My New Member Introduction...short and sweet
- Involved In Real Estate
- Glendora, CA
- Posts 11
- Votes 3
Thank you Jeremy. 2015 is shaping up to be a great year.
Post: My New Member Introduction...short and sweet
- Involved In Real Estate
- Glendora, CA
- Posts 11
- Votes 3
@joshua: Thanks. I feel so lucky that I stumbled across these boards. This is the perfect place for me; especially since I am back in a good place to invest in real estate more. I am going to look at a permanent mobile home this afternoon in a higher rent area.
Post: My New Member Introduction...short and sweet
- Involved In Real Estate
- Glendora, CA
- Posts 11
- Votes 3
Originally posted by @Matthew Mason:
Welcome to the site @Michael Gray I am looking to buy my first rental property this year. Hope it goes great for you.
Happy New year
Thanks Matthew, and happy New Year to you as well. I wish you great success in your rental property career!
Post: My New Member Introduction...short and sweet
- Involved In Real Estate
- Glendora, CA
- Posts 11
- Votes 3
Originally posted by @Larry Fried:
@Michael Gray Hello and welcome to BP!
Thanks Larry!
Post: Cliché Intro Post
- Involved In Real Estate
- Glendora, CA
- Posts 11
- Votes 3
Originally posted by @Michael Hartman:
Thanks for the warm welcome @Brandon Turner. I don't recall the exact episode, but there was a guest on one of the podcasts who mentioned something about "the old dogs teaching the young pups" and that really resonated with me.
@Ned Carey for my first move I'm thinking about selling my single family rowhome and purchasing a duplex to get the ball rolling with some steady monthly income. I'm always open for suggestions though!
welcome @Michael. I think that you have a good idea bro.
Post: My New Member Introduction...short and sweet
- Involved In Real Estate
- Glendora, CA
- Posts 11
- Votes 3
Originally posted by @Sean Hurwitz:
Just another LA guy here that wants to say, welcome to BP @Michael Gray
Lookin' forward to learning from your experiences.
Happy new year.
Thanks bro, and happy New Year. This is setting up to be a pretty good year...
@Shane, definitely man. Good times.
Post: My New Member Introduction...short and sweet
- Involved In Real Estate
- Glendora, CA
- Posts 11
- Votes 3
Originally posted by @James Wise:
welcome to the site.
Thanks. I feel so fortunate to have come across this site--purely by accident.
Post: My New Member Introduction...short and sweet
- Involved In Real Estate
- Glendora, CA
- Posts 11
- Votes 3
Originally posted by @Shane W.:
Welcome @Michael Gray
Great to see another Angelino joining BP.
Thanks bro. Coincidentally, I may be doing consulting in Santa Monica starting in Feb, and lasting into the summer...
Post: My New Member Introduction...short and sweet
- Involved In Real Estate
- Glendora, CA
- Posts 11
- Votes 3
Originally posted by @Elizabeth Colegrove:
Welcome to Biggerpockets!
You found the place to be! You will find no better place to build a solid platform than bigger pockets. The one thing we all agree up on is that we invest in real estate. Beyond that everyone has a different niche and we love to talk about it! I look forward to learning about your deals. Interesting town, actually just got back an hour ago. I was there with overseas friends. Interesting city!
We are buy and hold investors who invest in class A properties self-managing from a distance while working full time. So we do work on furthering our careers. We live very frugally allowing us to live off of one income and save the other. We have further our career and used the W2 income to leverage our real estate portfolio.
I highly recommend you also check out- the blogs, forums and listen to the podcasts. If you see a post you enjoy check out the persons signature. As many of us have created resources around our niche (websites, blogs, etc) so checking out the signature is a great to get more information. Make sure you don't miss out on networking is by filling out your signature, profile and pming people with questions.
Definitely! I am only interested in buying and holding as well. The whole idea, for me, is to build streams of passive income. I will most certainly be checking out the podcasts and other resources that are available to me. I am a research fanatic by nature, so I am generally reading books and articles that are based on investments. I wanted to take a second to comment on the following quote from your response: "We live very frugally allowing us to live off of one income and save the other. We have further our career and used the W2 income to leverage our real estate portfolio." This is, in my opinion, exactly right. It takes a great deal of discipline and belief in what you're doing to forgo instant gratification when you have the money to treat yourself, and stick to the plan--living below your means and using that leverage responsibly on real estate. When I was 23, I was making pretty decent money, and I decided that I wanted to continue to rent a tiny cinder block house instead of buying a brand new house, and buy a mobile home park instead of a nice house. In the end, I gave in to my fiancee at the time and bought the house. It was another 3 years before I bought my first investment property....So I commend you.
Post: My New Member Introduction...short and sweet
- Involved In Real Estate
- Glendora, CA
- Posts 11
- Votes 3
Originally posted by @Brandon Proctor:
Welcome to the site @Michael Gray There is much to learn even being experience like you are.
Also helping news like myself.
I have a little experience, but there is an immense amount that I've got to learn still... a lot!