Newbie introduction from Sacramento, CA

[Kelly Foydl]

Hi everyone,

I'm at work where I tend to listen to Bigger Pockets podcasts and they of course encourage you to introduce yourself. So, trying to be more in action and not just lurking, here I go.

I found this site after listening to Lisa Phillips. Her stategy mirrors something that interests me. I think you can help communities and invest at the same time at a high profitable level. 

I really hadn't considered investing in real estate all that much until some life changes forced me to seriously consider how to be responsible for my financial life. I decided that cash flow was very important to me and began researching methods for creating cash flow while preserving/maintaining my net worth. That just led me to real estate. From there started listening to Rich Dad Poor Dad on youtube and somehow found Lisa there as well. Listening to Lisa led me here.

So I decided that 2015 was my year. Like lots of people, fear can stall a person so I broke down my plan into quarter plans. I knew I needed some education, some tools. So I am researching and gather data the first quarter of this year, while also creating my business plan. My 2nd quarter goal is more action driven, where I will be actively looking for a deal to move on. If all goes well, I will own my first buy and hold before the 3rd quarter.

My first quarter plan is still important. I'm putting together spreadsheets, using some example deals to practice reading them. Looking for my "team" or at least the first few players in there while also reading and learning other real estate info, like Bigger Pockets. If I were building any other business, I know you can't just jump and open up shop, so I am trying to treat this exactly the same. Put my systems in place, then open the doors. 

Every night my eyes hurt from reading and looking stuff up. But my vision on what my business is grows clearer. I'm excited. I'm scared but I'm sticking with it.

Anyway, look forward to more years here. I appreciate reading everything and I will participate and not just lurk (although lurking through past forums and blogs is fascinating!).

Thank you all1