Brand New Investor looking to learn learn learn!

[Lisa DeAquino]

Aloha!

My name is Lisa and I just want to introduce myself here.

I apologize for sad sappy story but I want to explain how I got here.

I recently lost my mother to a prion brain disease that took her life in 2 weeks. She just retired last December. She would talk about retirement all the time for the past 10 years and She finally got there. 5 months later she had passed. Since then, I have been motivated & determined to not go this route, to retire early and be able to travel and set up my kids to be set and stable on their home island. I’ve learned that Real Estate Investing can get me there! And I’ve been obsessing about it for months now. I came across Bigger Pockets, I’m on my second book from their bookstore now, it’s all I think about.

I currently own a townhome on the island of Maui that we purchased early in 2019 for 460K under a “workforce housing” contract. Our equity is already over 2x worth that amount, however, bc we are “workforce” I can’t tap into that potential for another 6 years (this has to be our primary home for 10 years, we have 6 more to go). So I feel a bit stuck in a way. I know there’s other creative investing strategies out there other than using equity but my plan is to pay off our car loan in the next year or 2, save as much as I can, and learn as much as I can during this time period. 

Here’s another kicker, I’m 32 weeks pregnant! But I’ve never felt so motivated about my future self than I do now.

If anyone can relate to this story and the “workforce” housing situation, I would love to hear how you got out of this “stuck” feeling. Any tips and advice?

If you’ve read this much thank you and I look forward to learning with you all! 

-Mahalo nui

~ Lisa