Hello from Raleigh, NC

[Roy C.]

Hello, BP!

My name is Roy. I accidentally posted a forum recently without a proper introduction, so my apology.

I am an entry level electrical/power engineer in Raleigh while attending NCSU to finish up my EE degree. I am in my late 20s, and after hours of meditation I spent on BP site, I wish I found about BP earlier! I am new to REI, and I am eager to learn about the subject. (There is soooo much to learn for sure)

I guess this has been mentioned before, but there seems to be shortage of supply of MFR/duplexes around Raleigh area. However, that is not going to change my plan for future.

For the short term goal, I would like to purchase duplex, 3plx, or 4plx as a primary resident, and hopefully rent other units out to help with mortgage. My wife and I are paying rent on an apartment right now, and I feel like I am just throwing away money on rent. That's why I want to purchase real estate property. I do have a little bit of cash I have saved for down payment but I want to save up more to have cushion. 

For the long term goal, I would like to have a strong financial portfolio so my wife and I can retire early. After all, who would want to work in cubicles for 30-40 years if they have a choice to retire early?

And I just want to thank you guys for all the great information you have provided. It has been very insightful, and I am looking forward to absorb information like a sponge! 

[Allison Leung]

@Roy C. Welcome to the BP Community!

Good to see a fellow North Carolinian -- I am from Raleigh (lived there for 20 years and am now in Denver), but went to UNC Chapel Hill (we can still be friends though ;).

I think you'll really enjoy the site. I would recommend checking out our blog and podcast if you haven't yet. They're great resources of information.

Let me know if you have any questions about BP.

Good luck and happy learning!