Aspiring buy and hold investor new to BP

[Leif Oldert]

Hi BP community - I am newer BP member and wanted to introduce myself. I am just finishing a year long rehab of our first house hack (my first complete reno) and am looking to begin the next steps of our buy and hold journey.

Our 5 year goal is to develop a ‘passive’ income stream to create financial independence by growing a buy and hold portfolio of multifamily residences. I spent 15 years working in the Nonprofit world of housing, homelessness and mental health and my wife still works in the homelessness arena at our local homeless shelter.

I plan to utilize the BRRR methodology and am looking to build my team of trusted partners. I would like to begin investing where we live, Salt Lake City, and then would be happy to progress to other out of state options once I become more familiar and proficient with deal analysis. I grew up in Rapid City, SD and would be willing to explore investment options there as well.

To take the first steps I thought I would introduce myself.

Thanks for the help and here’s to the journey.

Leif Oldert