New Member from Silver Spring, MD

[John O.]

Hello BP Community! Im John Oliver (not the famous one... I didn't cultivate nearly enough British Humor while I was growing up).  I am a part time 'passive' income investor working long term buy and hold deals anywhere from Baltimore to DC.

I currently own 3 rental properties, with plans to expand that to 10 in 5 years or less. I believe that the consistent cash flow rental properties 'can' provide is one of the best hedges against the volatility of the stock market, and is the single most reliable way to ensure income into retirement.

I actually work full time as a Regulatory Specialist / Environmental Compliance Manager for a large chemical manufacturer based in Maryland. I am in an MBA program through Johns Hopkins University focusing on Management and Risk Management.  I am a father, a family man, and a believer in constantly working to improve yourself.  I am an active member of my community and the communities my properties are based in.  I founded a non-profit to help my community (BeMore Photography) and transitioned it to a fully elected board last year.

I look forward to being a member of this community and have already found the vast amounts of information on this site endlessly useful.

Thanks!

[John O.]

Thanks for the warm welcome everyone!

@Russell Brazil - my properties are all located in Baltimore City for right now.  Working on the foundation for my business before looking elsewhere.

@Account Closed - thanks!  You have to find a balance between the level of risk and reward you want to achieve. I think my goal fits within that realm. Its not a moonshot. I 'probably' wont own 100 doors.  But I wont risk loosing my house and endangering the financial stability of my family either. I am comfortable with that.  Honestly, the income from my properties actually enables me to take bigger risks within my own career.  At worst, I take a risk and lose my job but I can still meet all of my financial obligations. At best, we have substantially more income and freedom. I am finding that this freedom is enabling far more success professionally than would have been likely otherwise.