Starting late, but ready to go

[Geoff Engel]

Hey everyone,

My name is Geoff (that's Jeff, but spelled better). I'm sitting at 41 years old and getting ready to start my journey. I have two kids in middle school and I'm trying to get myself ready to retire by 55. I'm still in the learning phase and have read about a hundred different books on FI and personal finance.

Looking for any resources that might help me on my way. I'm not 100% sold on being a landlord, but listening to the Bigger Pockets Money podcast is gradually changing my mind.

If anyone has any resources, let me know.

Thanks.

[Geoff Engel]

Quote from @Jaycee Greene:

Quote from @Geoff Engel:

Hey everyone,

My name is Geoff (that's Jeff, but spelled better). I'm sitting at 41 years old and getting ready to start my journey. I have two kids in middle school and I'm trying to get myself ready to retire by 55. I'm still in the learning phase and have read about a hundred different books on FI and personal finance.

Looking for any resources that might help me on my way. I'm not 100% sold on being a landlord, but listening to the Bigger Pockets Money podcast is gradually changing my mind.

If anyone has any resources, let me know.

Thanks.

Hey @Geoff Engel, welcome to the BP Forum! What type of properties are you interested in, SF, 2-4 MF, or 5+ MF? And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"? The answers to these should form a good foundation for the forum to respond with some ideas.

 Thanks Jaycee,

I think to start I am probably looking at a single family just to get my feet wet. I don't have much in capital right now so I am working on building up my savings to get there. I want to minimize my leverage as much as I can for my first one, just to give me the best chance of success.