Jacob Ehlert

Built my first house to flip in the summer of 2008, I had just turned 19 years old and was very interested in REI. Into the flip $165k and the appraisal (in June) was $290k. September rolled around and I had just passed my final inspection, my agent informed me that the market was changing rapidly for the worst. My exit strategy was to move my new bride and myself into the house and wait it out hoping that the market would quickly rebound. Eventually, I was able to sell the property for a profit; but the biggest profit from this house was the lesson it taught me. Prior to this first deal, I had grown up flipping motorcycles as a means to fund my hobbies. Before there was Craigslist I had used the local paper and buy/sell/trade to find deals on motorcycles that I was familiar with the values. On my 18th Birthday my dad bought me Cashflow game by Robert Kiyosaki. This would prove to be a very effective catalyst for my interest in REI. I consider myself a new investor, with a hungry appetite to learn about the BRRR strategy for SFRs and muli-family properties. This is a joint venture with my wife who has always had a gift in arts and design. Currently she is studying interior design and we are very eager to partner our gifts and passions to propel our family to a new chapter in life.