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All Forum Posts by: Nate Baker

Nate Baker has started 1 posts and replied 4 times.

Post: From Peruser to User

Nate BakerPosted
  • Real Estate Investor
  • Lee's Summit, MO
  • Posts 4
  • Votes 1

Congratulations, @Dan Krupa! It's good to hear from some others who are facing some similar scenarios.

I'd like to start with buy and hold deals and generate some cash flow. Just from glancing at your profile, it seems you've had some success in that area! Congratulations there, as well.

BRRRs appeal to me, because I'd like to fix and flip later on so I think that could serve as some good experience.

My ultimate goal is to generate cash flow to allow her to stay at home with the kids without taking a hit to our quality of living.

We currently rent a townhome and are looking to get our own place, so I think that is step one. We don't really have the cash reserves to start investing right away, but I'm looking to get involved in other ways to get some experience to lean on once we are ready.

Thanks for reaching out!

Post: From Peruser to User

Nate BakerPosted
  • Real Estate Investor
  • Lee's Summit, MO
  • Posts 4
  • Votes 1
Thank you to all. It's great to be part of a community that is welcoming. I look forward to talking with you all at some point!

Post: From Peruser to User

Nate BakerPosted
  • Real Estate Investor
  • Lee's Summit, MO
  • Posts 4
  • Votes 1

Thanks for reaching out, @Cole Sims!

Post: From Peruser to User

Nate BakerPosted
  • Real Estate Investor
  • Lee's Summit, MO
  • Posts 4
  • Votes 1

I've had an account on BiggerPockets for about three years now and have read the articles, listened to the podcasts, and browsed the forums off and on. I usually adhere to my personality and play the role of "fly on the wall" to absorb information, but I've been trying to break that mold in multiple ways for the past year now. Participation is where it's at.

I'm 26 years old and from the Kansas City area. I have been drawn to real estate investing since I was 16 and read Kiyosaki's Rich Dad, Poor Dad as well as his other titles (shout out to my local library). Before I knew it, I was married (22 years old), had a daughter (24 years old), and had a son (26 years old). Basically, there have been some things that I've let derail me over the past 10 years. Not that those things are bad at all - I love being a husband and father! I just stopped pursuing what I've always wanted to do - invest in real estate so that I can spend more time with my wife and kids in the future.

Now, I'm refocused. We're currently working to pay down some debt and save for a rental. I've recently taken up a second job to accelerate this process. I'm currently researching how to know when we're ready in regards to cash reserves, down payment, etc. I'm the type that likes to jump in and figure it out along the way, but my wife is totally risk averse and I want to ensure we do it right the first time.

Anyway, I'm excited to finally take part in the forums here at BP as its a gold mine for information. I appreciate all the effort the members put forth to making this the outstanding community it is and look forward to connecting with you!