Newbie from Memphis

[Tonya Cox]

Hi,

My husband  and I have wanted to do something with real estate for several years now but had never pursued it. We attended some real estate training weekend a few weeks ago and learned a lot but knew that there is so much more to learn. 

While researching the education system they were trying to sell I came across this site.  I am so thankful I did. I have learned so much and finally believe we can do this successfully without parting with 20-50k. 

We both have W-2 jobs and have started our real estate education here reading articles, listening to podcasts and reading books. 

Our plan is to start with rental properties (single family and multi-family).  Initially, I wanted to start in the area around the university.  The properties are inexpensive and the rents seem high, but that was my perspective without the education.   I'm currently reading "What Every Real Estate Investor Need to Know About Cash Flow" as a result of listening to a  cash flow.

I'm also reading everything I can find about self directed IRA/401k. I would like to use an old 401k from an previous job to help us get started. I haven't figured that part out yet.

Any advise or direction is welcomed and appreciated in advance.

I'm so glad I found this site.  I'll be "seeing" you guys often.