New Member from Racine,Wisconsin

[Paul Zierk]

Hi Guys and Gals,

My name is Paul Zierk and I'm from a city in southeastern Wisconsin called Racine. My wife and I actually live just outside of the city, in the county, in a place called Franksville. Racine is about halfway between Milwaukee and Chicago. I love coaching youth sports (basketball and soccer) and all the positive impact that team sports has to offer. I also try hard to stay physically fit by being a dedicated runner ( 4+ miles a day/ 5 or 6 days a week).

My wife and I bought our first property in 1992 (a fixer upper duplex). We lived in one unit and rented out the other. It worked out so well that we bought another duplex as a total investment property. I had plans at that time to grow our portfolio. My wife became more financially conservative over time to the point that she wanted 0 risk in our lives and we liquidated both properties in 1996.

As a life long resident of the Racine area I'd like to make a positive contribution to the community by providing quality,fair priced housing to the blue collar market. I plan on doing this by purchasing under valued/distressed properties and improving them.

I'm also looking to supplement our retirement with a passive income of $3000-$3500 a month. I hope to accomplish this by acquiring 16-18 units (buy and hold) in the next 3 and 1/2 years. I'm also interested in exploring lease options as a possible way to raise capital.

I'm looking to network with like minded people in the Racine/Milwaukee area. People that aren't only investors but also want to make a positive mark in southeastern Wisconsin. I'd also like to share/exchange experiences with the entire BP community.

If you haven't checked out the BP podcasts.......I highly recommend them. Great (awesome) content at an unbelievable price :)

This is way to long winded (especially for a guy that types with one finger) so I just want to say thanks for reading and I look forward to new experiences!!!!!

Paul

[David B.]

@Paul Zierk I invest in Racine. I have/had several duplexes there. I am currently ramping up my investing there this upcoming year. What areas are you considering? I'm focusing on the historic district of Racine off of Lake Michigan.

Nice Investing