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Updated over 9 years ago on . Most recent reply

User Stats

180
Posts
80
Votes
Ceril S.
  • Rental Property Investor
  • Ithaca, NY
80
Votes |
180
Posts

New BP addict from Hillsborough, NJ

Ceril S.
  • Rental Property Investor
  • Ithaca, NY
Posted

Hello BP'ers!

I've been listening to the podcast while I'm at work for the last week or so and I'm addicted!  After a week of listening to the podcasts, I finally broke down and signed up for the forum.  Pretty darn excited to learn as much as possible.

I'm finding that the more I learn, the more that I don't know and can now be excited to find out about.

My wife and I had just started having a discussion about wanting to start building a real estate portfolio for retirement a couple weeks ago when I just did a search on podcasts and this one came up and I haven't stopped listening since. I also haven't stopped talking about it since as well, so my family thanks you in advance for listening to my future questions and rantings so that they can have their sanity back.

We have 4 kids with the oldest heading off to college next year (so we have cheap manpower!) My wife and I are also pretty handy with maintaining a house - we've done plenty of work on our own houses through the years, repairing sheet rock, installing microwaves and ceiling fans, etc, etc. and we are not afraid to look up how to on youtube. And we're pretty confident that we will be able to handle the property management aspect.

I am the family research addict so I will be here on a regular basis trying to find answers on to LLC or not, how to calculate a good deal, how to structure the deal, etc. etc. etc.

Thanks for this great resource!  I look forward to chatting with you all!

- Ceril

Most Popular Reply

User Stats

180
Posts
80
Votes
Ceril S.
  • Rental Property Investor
  • Ithaca, NY
80
Votes |
180
Posts
Ceril S.
  • Rental Property Investor
  • Ithaca, NY
Replied

@Brandon Turner Hi! (feeling like what my kids call "fan girl".) I have been listening to you talk like nonstop for a week - is that weird to think about - all of us BP addicts go on total listening binges and get to hear your voice in our heads when we are thinking about deals, etc.?  Thanks for the entertaining, inspiring and informative pod cast!  I actually take notes while I'm listening, I never start out meaning to, but eventually you guys will say something that makes me say - Oh, I need to write that down!  :)

@Elizabeth Colegrove I will definitely take a look at your blog.  We are planning on the buy and hold strategy.  And I'm hoping to eventually branch out to property management as well. We have made a great connection with a loan officer who also holds small properties, so he's been feeding me info at a rapid pace.  I have feelers out to a couple CPAs and attorneys to build our team.  Right now we are totally in info gathering mode and are planning to hit the road running as soon as 2015 rolls on us.  Although we are scoping out properties in the area we want to go into and running numbers on every property that looks promising to know what we are looking at.

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