New investor currently in Great Falls, Montana

[John Payne]

Greetings BP,
My name is John Payne, and I've been a member of BP for a few months now, and figured I get off my rump and introduce myself. I am currently an active duty military officer stationed in Great Falls, MT. I'm a nuclear missile operator, and I love what I do. I am married to another Air Force officer, and my wife and I have a 1 year old son. I am about to finish a Master's degree in Entrepreneurship, which I'm excited about completing, so I can move on to following my passions. Between work, school, and my home life I stay pretty busy, but I am pursuing startup ventures along with real estate investing. My friend and I are currently developing a new subscription-based company to launch this Fall or Winter. That's basically me in a few sentences, so on to real estate.

My goals/interests in real estate are to develop a steady cash flow of at least $4,000 in 15 years. This is the equivalent of an officer's retirement income. I plan on utilizing buy-and-hold SFHs and MFHs as my vehicle to get there, and I intend to use a modified Domino Strategy to pay down the mortgages as fast as possible to generate that revenue.

I intend on buying a home at every duty station I get assigned, and doing what that current market dictates as the best strategy. For the current property I have, the market is geared towards converting it to a rental when I leave in a little over a year (analysis on the current house to follow soon). I am actively seeking property near northeast Mississippi, Kansas City, and Colorado to build my portfolio. I have family at each location, and connections that I can build a better foundation from for REI. I know it will take discipline and time to build a portfolio in each location, and my multiple locations will limit my abilities because of the lack of proximity. I figured I would have to figure out how to overcome that since I'll continue moving around every couple of years with the military anyway. And what are the places I will continually visit?... Places where my family reside. Plus, I can write off those trips, as well.

Quick interests: creative financing, partnerships, strategy/business plan building, vacation rentals

If you've stuck with me this far, thanks for reading. I hope our interactions will be fruitful, and I will strive to bring value to your life/business. After listening to a few dozen podcasts, reading a bunch of articles, and browsing the forums, it's about time that I started getting active and making it happen.

[Tony Halcin]

Sir, my name is Tony Halcin/

I am currently in north Mississippi , one of the locations you mentioned

Good to meet you and I just got this bigger pocket account recently and have been using it as a new Facebook