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Updated almost 10 years ago, 02/26/2015
New guy in Orange County CA
Hello folks! I've been listening to the BP podcasts all this week and have learned a lot, but feel there is so much more before I do my first deal.
About me: 44, no debt, full time self employed with large chunks of time off between work trips (part of my reasoning for getting into this). My goal is to quit my profession within 5-7 years and live off rental income. Currently renting a condo.
I am reading Rich Dad and Retire Rich with Rentals and really excited to get this all started. I'm very debt-averse after already giving banks way too much interest in the past, so my preference would be to purchase a SFR as my first property with all cash or limited financing, but this would be tough it seems here in SoCal with the insane prices.
Anyway, thanks for reading and I hope to meet others and share and contribute and learn! Cheers,
Kurt