New Member Introductions
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago, 09/24/2015
New member from Redmond, Wa
Not technically new to the site, but new to posting.....as of today! Thrilled to be part of the community, and looking forward to sharing and receiving great guidance!
Background: I grew up with a passion for Real Estate, nurtured by an underlying fatherly influence that until 3 years ago, had developed into nothing more than a passive interest and a dream that would likely never be realized professionally.
At 10, I wanted to build homes like my father. As a teen, the dreams of that 10 year old were being tucked away in the back of my brain in lieu of jobs that provided steady income and generous benefits. Yet, I have always recalled and admired how my father called his own shots, and as I later realized, through his accumulation of real estate intellect and experience garnered as an independent builder, he successfully shifted his focus exclusively towards the accrual of real-estate assets that served him comfortably for the rest of his life.
Having matured professionally in high tech corporate America, I conversely was conditioned to perceive that my only realistic option for acting on my real estate passion, was to seek out cross industry opportunities as a prospective employee within the real estate segment. I struggled to find the right fit.
This all changed in the Spring of 2011. Motivated by the desire to invest the modest sum of cash I held in savings, and influenced by my underlying comfort level with real estate nurtured from childhood, I packaged my savings with leverage on my primary residence, and acquired my first 2 investment properties. A bank-owned vacant lot, and a few months later a short sale revenue generating luxury home.
Through this endeavor, today both properties have doubled in equity but more importantly, I have also accumulated additional equity in the form of vital real estate intellect and experience that has also resulted in my first commercial property acquisition last Spring.
I have also been able to rekindle the dreams of that 10 year old, and I cannot imagine for myself a more exciting and naturally appropriate vocation.
Thanks for reading and I look forward to collaborating with you all.
Rich