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Updated over 9 years ago,
Central Florida New Guy saying hello!
Hello BP community....
I have been lurking a bit and spending a good amount of time digesting the BP podcast series. (I still have a way to go)
My wife and are are newly empty nesters trying to speed up our retirement saving. We have no debt, a modest income and a home with good equity. We have cash flow monthly and have managed to save well for the past year. I am terrified of the stock market and feel that my future lyes in realestate.
I have a local mentor that has been holding my hand a bit and explaining his buy and hold system to me. I believe he currently is holding 10 doors. He has substantially more monthly cash flow due to being a business owner and therefor is moving faster.
My wife and I have decided to "GO FOR IT" and start with shopping for a property with a goal of 5 total, producing a retirement income of $5000 a month once paid for.
Thats the short version of who we are and what we are doing.
Thank you for the community!! Looking forward to learning from and with you!