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Updated almost 10 years ago on . Most recent reply

User Stats

184
Posts
71
Votes
Mark Vejnar
  • Investor
  • Simpsonville, SC
71
Votes |
184
Posts

New from Greenville, SC

Mark Vejnar
  • Investor
  • Simpsonville, SC
Posted

Hi I'm Mark.

I'm a former real estate appraiser, full time stay-at-home dad while my wife completes a grueling post-graduate training program in Greenville, SC. I consider myself a green, wet-behind-the ears, newbie. I'm here to learn and contribute to the community when/where constructive and appropriate.

My parents and grandparents owned mobile homes, and a mobile home park, when I was growing up demonstrating the importance of rental income. As a result, I like mobile home parks and the people that choose to live there.

My investment interests are multi-family (5+ units) and mobile home parks. I'm also interested in learning about private placement notes and bonds - and learning more about the topic "Syndication." More specifically, how to issue a private placement bond, thus bypassing the underwriter(?). Any insight is greatly appreciated.

My goals in real estate are to first find someone to whom I can be a benefit and then begin building a team. The second major short term goal (6 months) is to close on a multi-family property. Five year goal is 1500 units. I'm so green I feel embarrassed to share my goals beyond my rather-ambitious 5 year goal.

I'm not sure when I first joined bigger pockets; however I decided to engage and start paying attention after finding the podcast on Stitcher Radio. I first saw the site a few years ago but was busy appraising houses - thinking I knew everything while also making no money. Now with my wife in her training program, small children in the house, and nearly $500k in student loans hanging over our heads ... it seems like I should probably start paying attention :-)

I look forward to reading the forums, doing some business and, hopefully, meeting some of you in real life.

Most Popular Reply

User Stats

86
Posts
15
Votes
Drew Farnese
  • Flipper/Rehabber
  • West Chester, PA
15
Votes |
86
Posts
Drew Farnese
  • Flipper/Rehabber
  • West Chester, PA
Replied

Hey @Mark Vejnar !

I'm new here too, but as you'll quickly see, the people on here are awesome! Everyone has helped me out a lot so far!

Anyway, just to point out the obvious, theres a whole bunch of educational info on the site, and the cool podcasts that you've already found.

Not that I know everything, but I have to ask - what makes you say you want 1500 rentals? I've learned here that that number doesn't matter as much as some think.

Would you rather have 1500 rentals with $5000 month cash flow and 1500 headaches, or would you rather have 20 rentals with $5000 month cash flow with only 20 headaches?

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