Mark from Oakley, MI

[Mark Devereaux]

The administrator guru suggested I introduce myself here. I'm 37 years old with a beautiful wife and a son Trent, 5 and daughter Ava, 18 months. I'm the VP/CFO/jack of all trades, master of none for our family owned Anheuser-Busch, Diageo, Heineken and Gallo wines distributorship in Owosso, MI.

Bought a house a few years back, made $40K on it, and built my dream home on 30 acres with 1/4 mile of river frontage. In the meantime we bought another rental house and have had that for five years.

I joined biggerpockets as another resource to try to gain some knowledge and other opinions about real estate investing in general, but more specifically small multi-family housing units (10-30).

We've just decided that my 401k is not cutting and it's not as fun as investing in real estate. My wife is ready for a career change, so we want to get into smaller (10-30 units) multi-family housing.

I'm working on my first deal right now. I'm comfortable running the numbers, profitability and cash flow and all that (that's what I do for our company). The biggest thing I need help on is finding a good agent in my area and the in's and out's of multi-unit financing. My little locals banks I deal with everyday aren't so eager.

Our market is not HOT. We're looking for solid, long-term investments. I'm not looking to flip. Just slow, steady growth. Our goal is 100 units in 10 years.

Thanks for reading. Keep up the good work.
Mark