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Updated almost 11 years ago, 12/02/2013
Newbie from Crossett, Arkansas
Hi BP!
My name is Daniel Warren. I work on a tissue machine here at our paper mill in town. I have a wife (Kayla) and 4 kids( Peyton, Danielle, Kahlan, and Lennon). Kayla is a stay at home mom and handles the home front. I have wanted to get into real estate investing for a long time, just never put any action to it. Money is tight, and time is limited. I want REI as a retirement tool, and possibly an extra money source to be able to do things with my family and provide better for them. If income replacement becomes available, then I would call it an early retirement from the paper industry.
I have been researching flipping older mobile homes with owner financing, and would like to dive in right there. My long term goal is to have 20-30 rental properties for retirement. I was thinking about doing a mix between owner financing the mobile homes and holding some properties for rentals. After I began browsing this site, I came across wholesaling and I'm in the very beginning research phases on that and considering that as an option as well. Actually open to any niche, but those are the ones that are just jumping out at me at the moment.
Well that about covers me for this post I think other than to thank everyone that contributes to this community. I'm over my head in good info here.
- BiggerPockets Founder
- Maui, HI
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Thanks for the introduction, @Daniel Warren ! There are plenty of others who have come through here who have been in the same position as you. We're here to help! Use the forums, blog and podcasts as educational tools to help you get the foundation you need to kick things off.
Of course, when questions come up, be sure to let us know!
Otherwise, be sure to go through our Ultimate Beginner's Guide to Real Estate Investing and set up keywords here for things like wholesaling or Arkansas so you can better follow topics of interest to you.
Welcome!
hi josh and thanks! read through the beginners guide and listened to podcast 21 last night. cant wait to listen through the others. will set up the keywords soon, that seems like it could be very useful.
- Specialist
- Rockland, MA
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Welcome. Four good reasons to develop the legacy to pass on.
Check out the Start Here page http://www.biggerpockets.com/starthere
Check out the Mobile Home forum on BP
Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.
I have several buddies doing well with Mobile Homes and Mobile Home Parks.
Good Luck
Paul
thanks @Paul timmins I will have to check into any clubs in my area
hey thanks Ned. It sure seems that way from my research. It actually appears if I do enough digging, its generally been answered already lol
welcome @Daniel Warren - great goal and good luck!
- Investor
- Maui, HI
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thanks Joe and Brandon. I'm really enjoying the info on the site