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Updated over 2 years ago,
40 and started from scratch
Hello all
My name is Nick Taylor and I've just recently become interested/obsessed in real-estate. I just finished the book by Avery Carl "STR for Long-term wealth" and loved it, now all I do is listen to the bigger pockets pod cast and talk with my wife about possible options with real estate. Long story short, I lost my job back in 2020 and was lucky enough our savings allowed me stay home with our kiddos during that tough time. Now that things are getting back to normal I really want to starting working for myself and generate some income while being a "stahd" aka stay at home dad. I've gone through a ridiculous amount of ways to generate some income all online but none of them have worked out. Real estate I believe is a great opportunity for us to get the life we want. The problem, we used ALL our money and our credit is not the best. We're house rich though and have a good amount of equity, is using that to get started a terrible idea? My wife seems to think so but I feel like we're missing out on a opportunity to change our life. Anywhoo, cheers from Oregon.
Nick Taylor