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Updated almost 11 years ago on . Most recent reply
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Single Family Buy and Hold Investor from San Antonio, Texas
Hello everyone! My name is Jacob Forbis, and I am a 26 year old real estate investor in San Antonio, Texas. I have been renting out the spare rooms in my personal residence for almost 3 years now, and I purchased my first investment home in April of last year.
My full time job is doing corporate video production for a technology company here in San Antonio. I also do some contract video production work on the side. I use the money I'm able to set aside from my full time job and contract work to fund my real estate investing.
I'm trying to learn as much as I can, and because of that I am always open to new and better strategies to fit my goals and personality, but at the moment my investing goal is to obtain enough passive income to quit the 9-5 job and be able to build out my freelance business with less stress and worry. I am hoping to obtain this goal through the purchase of cash-flowing single family homes. Because I don't have a large amount of capital to fund deals, I am looking for distressed properties that can be purchased at a discount, fixed up, and then rented out.
I was hoping to have purchased my second rental house by this time, but due to some issues with my current house, I haven't been able to save up the resources for my second purchase. I am hoping I might be able to do that by the end of this year.
I am interested in networking with other investors in the San Antonio area, learning and sharing real estate knowledge and strategies, deals and private loans.
I am looking forward to being a part of this community, learning from the vast knowledge within, and contributing back where I can!
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Thanks for the welcome! @Brandon Turner I actually started listening to the podcast a few weeks ago and am going through the backlog. Love it! I appreciate the in depth and specific questions you ask the guests, and all the detailed information. Thanks for the great resource!