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Updated about 2 years ago,

User Stats

316
Posts
153
Votes
Isiah Ferguson
  • Investor
  • Charlotte, NC
153
Votes |
316
Posts

Career Break/ Retired from 9to5

Isiah Ferguson
  • Investor
  • Charlotte, NC
Posted

My name is Isiah. I am 31 years old. I have a wife & 2 boys.

Whewww ! I don't know where to start. 1 thing for sure big thanks to Biggerpockets & this community. 

I started this REI journey super green back in 2016. I couldn't wrap my head around the the concept "The Rich Don't Work For Money" - Rich dad. I always thought, the more jobs someone has the more money you make. Sheeshh I was wrong. Reading "Rich Dad Poor Dad" made me realize it's not about how much money someone has but how much CASHFLOW they generate. How long can you sustain your life without a JOB ? I begin to understand CASHFLOW a lot more. But I also realized to obtain FINANCIAL FREEDOM you have to have a GROWTH & DEVELOPMENT mindset & become the person you need to become from a mentally standpoint to get what you're asking for.

I brought a duplex a couple months later after learning about REI. Brandon Turner always talked about not getting analysis paralysis. I did not want to get caught in that. I am more of an action taking guy. I'm the type to jump in the pool and teach myself how to swim. I will not let myself drown mentality. I always won going against the grain of the norms. If I'm being honest Brandon was like my online virtual mentor. I would be od motivated by his story and prospective about REI. I seen his growth through social media. I felt he can do it, I can too.

Present day, 7 years later & 6 units later. Also, we have a 7th unit up the pipe line. I am super grateful. I still can't understand why doesn't everybody want CASHFLOW over a paycheck. 

Anyways, Today I called my employer & told them I quit. My supervisor & his boss was shock. I told them this is not an emotional decision, I've always had this planned. I use the JOB to help me build a bridge to increase my rental portfolio. I'm not sure if they understood or not but okay. Today, this decision felt so right. This was GOD timing. I felt and seen many sighs to leave. I know too much and I prepared for this moment. I would always worry about health insurance but for a family of 4 we were only quoted roughly $215 monthly through BCBS.

At the moment, it feels kinda scary, exciting, unknown, & just mixed emotions. Then, I thought you have to watch what you wish for it because GOD will reveal it to you. I can feel any kind of way but I know I am prepared for this. We have a healthy six figure nest egg, rental CASHFLOW, & expenses are relatively low. We refused to give into the consumerism lifestyle. I've kept the iPhone 6 Plus for yearssss and never gave into the more expense upgrade. We've made many sacrifices to get to this point. 

Moving forward, me & my family plan to take at-lease 1 year off to travel the world. The first stop is Lisbon, Portugal. We are super excited for the unknown and GOD blessings. 

I humbly tell you guys some of my story for motivational purposes only. I hope this motivates someone else to build their own CASHFLOW. 

Goodluck & GOD bless

Best Regards, 

Isiah !



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