Your success and how you got started.

[Kevin Chhum]

hello everyone,

i am from San Diego, California. 

this post wont really be a question.

i wanted to see every ones success path.

We can start by 

1) how and why did you get started.

2) types of finance or loans did you started off with.

3) what was your first investment. Single Family, Multifamily, Condo or townhouse.

4) how did you manage.

and whatever else you professionals REI want to add.

i am excited to hear your stories.

[Elizabeth Colegrove]

Awesome thread idea :)

1) how and why did you get started.

My husband is active duty military. We got started with buying a personal property with his VA loan. It was a foreclosure fixer upper. We bought it knowing that we would move on and it would need to be a great rental.

Once we bought the first place and saw the potential the bug bit us. 7 houses (8 in march) in 4.5 years and we are forming an empire that will allow us to hopefully early retire early when my husband can from the navy in 14 years (god/navy willing)

2) types of finance or loans did you started off with.

We started out with a VA loan. We have used a VA, Convenitonal 5%, 25% and 20%. We are evaluating using a FHA for a duplex we are discussing buying.

3) what was your first investment. Single Family, Multifamily, Condo or townhouse.

We have bought 5 single family, and  2 townhouses. the 8th is a single family home.

4) how did you manage.

We self manage all of our houses. My lease has been a huge key to my success managing our houses all over the country.

https://www.biggerpockets.com/renewsblog/2015/10/1...

and whatever else you professionals REI want to add.

i am excited to hear your stories.