Motivated, Passionate New Investor from SF, CA

[Ben Dunning]

Hey Everyone, New Investor from beautiful San Francisco, CA.

I am a transplant from the North East and loving the California lifestyle! Even if rents are completely obscene here in the city! A little about myself... I have been with the same tech company for the last 15 years and have been raised to believe that building wealth towards retirement is done by saving, investing in my 401k and buying a house to settle down in. My 9/5 job has certainly helped me raise capital as well as gain significant Tech, Business and Sales skills. It's my hope these will serve me well here in REI. This traditional mindset on building wealth is shared by literally my entire family. It's amazing how many of my friends and family back east, each who are successful and have good careers think I am crazy! I recently had the classic "ahhhhh haaaa" moment! I am now completely committed to breaking the cycle in my family and teaching everyone I know about what I am learning.

For me, it started by listening to Tom Wheelwright’s “Tax Free Wealth” then amplified exponentially by of course “Rich Dad Poor Dad!” I am now spending all my spare time consuming everything here on BP as well as everything I can on Audible. Acquiring assists and building income streams is now my #1 priority.

I know my REI criteria based on where I am at in life, I have capital to get started but have limited free time to start. I feel the best approach for me is to look to buy/hold income producing properties. I am currently debating the TK versus "do it yourself" but for me time is still an issue and I have no trustworthy feet on the street at this time. I will be working aggressively to change that. I believe I will take the approach of starting with a couple TK properties as I need to learn the process and I would like to move quickly to start. While I am working to close my first couple deals I will setup the contacts, infrastructure to build leads and find properties which will align to more of a buy, rehab, PM and Rent strategy.

I am a little stuck right now, as I have not narrowed down a market to focus. My list is Memphis, Indy and TX currently and I have began interviewing TK providers but I would still like to find a great agent/broker who has the passion, knowledge and focus on investors from which can be my trusted advisor. I have no doubt I should be able to meet some great people here on BP!

I really look forward to talking with all of you and learning, building wealth together! I have already seen that this is a great community and I know we can all make lots and lots of money together.

Thanks!

Ben