Aspiring real estate investor

[Nathan Reynolds]

Hey guys! So my name is Nathan I am 25, happily married, from the Broadway/Sanford NC area, which is 45 minutes south west of Raleigh/Cary, and 30 minutes north of Fayetteville.

Our area is beginning to grow quickly due to being in an area with plenty of manufacturing, as well as being centrally located between Raleigh/Triangle and Fayetteville/Fort Bragg. (You can also travel down US1 and be in Moore County in 15-20 minutes.)

I work in tech remotely, started web design in high-school, didn't take the college path went to the school of hard knocks, now work as a support engineer at a major pharmaceutical earning just north of six figures. Over the past 3-4 years I have been looking for different sources of incomes to pin on to achieve mine and my wife's goal of retiring between 45-50.

I have been interested in flipping properties since I worked for my dad in construction and carpentry out of high-school before landing my first true tech job on contract at Cisco.

This year I started reading fairly heavy, first 3 or 4 books weren't real-estate, they were mainly self growth books, then I asked a friend of whom is currently flipping and renting properties, what books he would recommend for learning about real estate investing... He bought and sent me three! (Rich dad, poor dad, the millionaire real estate investor, and the richest man of Babylon). I also ended up buying flipping houses by J Scott, and a few others, the first real estate book i read was J Scott's book on flipping homes..

incredible read, then i read Rich dad, poor dad this book is now in my top 3 favorite books, an wholesaling book, and currently 200 some pages into the millionaire real estate investor, my wheels are already spinning out how i can put my tech skills to work on a personel website for automating some of the marketing, network, and prospecting portion.

 I also started listening to the bigger pockets podcast a few months back, I started it from the first one on Spotify and working my way through them, this podcast is rich in information!

My wife and i bought our first home just about a year ago, we are aiming to use it as an investment property, building equity, our home has already appreciated just about 10% in a year from our purchase price at 200k even, with between 10-12k down payment. We are between renting it or selling the property in 8-10 years.

We are currently flipping furniture, yes you heard that right, furniture in our spare time, in most cases we buy on marketplace then refinish it and resell it, to help save more toward our real estate investing path.

I want to increase my knowledge in real estate investing for another year before going into the first flip, as well as watch the market/economy to time the right buy.

My personal real estate goals as of right now, is to either wholesale or flip properties to build more revenue up, then invest in rentals, 1-3 flips -> buy a rental, and cycle this until we have 10-15 properties similar to the millionaire real estate investors model.

End goal with real estate is to have the cash flow to retire before 50, and have our networth over 1.5 million.

Looking forward to soaking in valuable information related to real estate for years to come, possibly contributing to the BP community as my understanding grows, as well as growing financially!

- Nathan Reynolds

[Candace Buckstead]

Quote from @Nathan Reynolds:

Hey guys! So my name is Nathan I am 25, happily married, from the Broadway/Sanford NC area, which is 45 minutes south west of Raleigh/Cary, and 30 minutes north of Fayetteville.

Our area is beginning to grow quickly due to being in an area with plenty of manufacturing, as well as being centrally located between Raleigh/Triangle and Fayetteville/Fort Bragg. (You can also travel down US1 and be in Moore County in 15-20 minutes.)

I work in tech remotely, started web design in high-school, didn't take the college path went to the school of hard knocks, now work as a support engineer at a major pharmaceutical earning just north of six figures. Over the past 3-4 years I have been looking for different sources of incomes to pin on to achieve mine and my wife's goal of retiring between 45-50.

I have been interested in flipping properties since I worked for my dad in construction and carpentry out of high-school before landing my first true tech job on contract at Cisco.

This year I started reading fairly heavy, first 3 or 4 books weren't real-estate, they were mainly self growth books, then I asked a friend of whom is currently flipping and renting properties, what books he would recommend for learning about real estate investing... He bought and sent me three! (Rich dad, poor dad, the millionaire real estate investor, and the richest man of Babylon). I also ended up buying flipping houses by J Scott, and a few others, the first real estate book i read was J Scott's book on flipping homes..

incredible read, then i read Rich dad, poor dad this book is now in my top 3 favorite books, an wholesaling book, and currently 200 some pages into the millionaire real estate investor, my wheels are already spinning out how i can put my tech skills to work on a personel website for automating some of the marketing, network, and prospecting portion.

 I also started listening to the bigger pockets podcast a few months back, I started it from the first one on Spotify and working my way through them, this podcast is rich in information!

My wife and i bought our first home just about a year ago, we are aiming to use it as an investment property, building equity, our home has already appreciated just about 10% in a year from our purchase price at 200k even, with between 10-12k down payment. We are between renting it or selling the property in 8-10 years.

We are currently flipping furniture, yes you heard that right, furniture in our spare time, in most cases we buy on marketplace then refinish it and resell it, to help save more toward our real estate investing path.

I want to increase my knowledge in real estate investing for another year before going into the first flip, as well as watch the market/economy to time the right buy.

My personal real estate goals as of right now, is to either wholesale or flip properties to build more revenue up, then invest in rentals, 1-3 flips -> buy a rental, and cycle this until we have 10-15 properties similar to the millionaire real estate investors model.

End goal with real estate is to have the cash flow to retire before 50, and have our networth over 1.5 million.

Looking forward to soaking in valuable information related to real estate for years to come, possibly contributing to the BP community as my understanding grows, as well as growing financially!

- Nathan Reynolds

 Welcome Nathan! I'm a new investor looking to get started myself and it seems to me you're off to a great start gathering a ton of good info. There are also so many Youtube channels with valuable information that I haven't even started digging into yet. And of course, BP does offer bootcamps and I think they have a specific one for flipping! I myself am also thinking about doing one of those for some mentorship!