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Updated almost 10 years ago on . Most recent reply

User Stats

13
Posts
1
Votes
Norman Dean
  • Rental Property Investor
  • Colorado Springs, CO
1
Votes |
13
Posts

Newbie From Dallas, Texas

Norman Dean
  • Rental Property Investor
  • Colorado Springs, CO
Posted

Hello!  

My name is Wes and I have been lurking on your forums for a couple of weeks now, but decided to introduce myself and join the discussions!  I have found all the information to be extremely beneficial and have thoroughly enjoyed learning many aspects of the real estate business here so far.  I am new to the real estate investing world and have only been thinking of becoming an investor for a few months now.  I have done my fair share of research including reading as many books as I can get my hands on, listening to podcasts, and have even taken a couple of investing classes at the local college.  I currently work for a large defense contractor doing IT Systems Administration work.  I realized a couple of years ago that even at the age of 32, I did not want to be stuck in the rat race for the rest of my life.  This is what has me so interested in Real Estate.  I realized after reading a book "Rich Dad Poor Dad", that I should really concentrate my efforts on unearned income and feel real estate is a great vehicle for passive income.  My current goal is to buy my first investment property this year, by the end of 2015.  I will be seeking to acquire at least one investment property per year and using the buy/hold method to grow my net worth.   I am currently on the search for my first investment property, a Multifamily with four units or less.  My long term goal is to match or better my current earned income and get out of my 8-5 before the age of 45.  Just a month ago I started working on getting my real estate license after attending a college class thought by a local investor.  She told me quite a few investors have them and it really is a great asset even if you do not plan to be an agent full time.  I am now on my last class and will hopefully by taking my exam by the middle of next month.

I look forward to learning and meeting many great investors here.  See you around!

-Wes

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