New member from Greensboro NC

[Rob Sasser]

Hello everyone.  Im Rob Sasser from Greensboro NC.  I have been investing in real estate actively for about a year.  It started by accident actually.  I bought my first house in 2007 and probably over paid a bit.  Then my wife and I wanted to move around 2011 and I did not want to take a loss on selling our house.  I was fortunate enough to be able to save up a down payment for our next house with out selling our current house so I decided to keep it as a rental.  I thought to myself how hard could it be.  So I did that and found out it really wasn't that hard, and it was kind of nice watching that loan balance go down every month by some one else paying it.  So I just had the one rental for a while.  Then one day I decided to look into refinancing our new primary residence and take some cash out.  We bought a short sale and fixed it up a bit so we were able to take a good chuck of change out.  Initially I was going to pay off our student loans with that money, but the value minded side of me just kept thinking about using that money for an investment and using the income generated by the investment to pay our student loan payments and still having the capital at the end of everything, so I started shopping for another house.  And then it got contagious, so I bought another one after that.  Now my goal is to get 10 as quick as I can and see where it goes from there.  Really love the site and I'm hooked on the podcast and can't wait to see how far I can take this real estate investing stuff.