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Updated over 8 years ago on . Most recent reply
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Investor from Victoria, British Columbia
Hi, my name is Stu Hoffmann.
I joined this website a couple days ago, and I am so glad I did! I found Bigger Pockets while searching for a review on one of the expensive real estate guru investing programs. I am NOT paying for the guru help, and instead I am going to follow the path as it is laid out before me from Bigger Pockets and its members.
Immediate goals I have made in the last two days: Find someone who is doing what I want to do (rehabbing), and find a way I can be of value to them. Three simple goals to help find that mentor are joining a real estate investment club, talking with my RE agent, and searching this website. I also want to start a direct mail campaign, but I'm not sure how to do that yet.
I do own my own home and one rental property. I rent 4 suites between the two properties. The rental property has a net net net income of $435/mo. I work full time, as does my wife, and we'd like to build up the number of properties we own to 8. I came up with 7, because I know how to finance 7 properties - after listening to Karen Rittenhouse on BP Podcast 2. Before listening to that podcast the goal was 4. Buy 4 houses and sell them for an apartment building (the monopoly strategy).
Looking forward to learning and sharing,
Stu