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Updated almost 9 years ago on . Most recent reply

User Stats

3
Posts
6
Votes
Mark Yount
  • Wholesaler
  • Martinsville, IN
6
Votes |
3
Posts

Central Indiana, Indianapolis, newbie

Mark Yount
  • Wholesaler
  • Martinsville, IN
Posted

Hello All, 

My name is Mark Yount.  I have always had an interest in real estate investment, but I have never pulled the trigger.  I am a music teacher.  I love it, but the time commitment has made it difficult to do anything else.  (For anyone who did music in school, you probably know the crazy schedule I'm talking about.)  Recently, due to some health problems and other issues, it looks like I will need to change careers.  I think that real estate is the way I want to go.  

I plan on using the next few months, and perhaps as much as a year to get myself going in real estate.  Not waiting that long to invest, but waiting that long to leave education and make real estate full time.  (I'm open to leaving sooner, but that is a difficult task to pull off in a summer I bet.)  I am interested in wholesaling, flipping, and buy and hold.  Preferably doing all three together.   

I joined Bigger pockets after being a site reader for awhile.  I also joined as I saw it as a great way to connect with some people in my area already doing this work.  Being a teacher, I really value the input of people with experience. 

I'm going to try to step outside of my comfort zone with this site.  I am normally a lurker.  I read a LOT.  But often I don't post much on a site until I can contribute real information or knowledge.  That will be awhile here, so I'll have to do something different.  

I look forward to getting to know many of you.  (I follow some of you already.)  Hopefully, I can provide long term cash flow, and appreciation for me and my family.

Most Popular Reply

User Stats

1,325
Posts
557
Votes
Shawn Holsapple
  • Residential Real Estate Broker
  • Indianapolis, IN
557
Votes |
1,325
Posts
Shawn Holsapple
  • Residential Real Estate Broker
  • Indianapolis, IN
Replied

Welcome to BP @Mark Yount!

I finally made the jump to full time back in late 2011.  It took me about 6 months of starving before I finally started to make enough to live on.  I'm sure you already know - but be sure you have at least 6 months of reserves before quitting your full time source of income.

- it's always good to see another Hoosier utilizing this great site!

Of course, you need to read The Ultimate Beginners Guide to REI here on BP

If you haven’t already, please read/listen to these books ASAP!

Flip2freedom episode 77http://www.flip2freedom.com/a-3-step-formula-to-a-successful-balanced-and-insanely-profitable-2012/podcast - LISTEN TO THIS TODAY!

Rich Dad Poor Dad

Rich Dads Cash Flow Quadrant

Rich Dads Increase your financial IQ

The Real Book of Real Estate

The ABC’s of RE Investing

The ABC’s of PM

Rich Dad RE Tax Advantages

The 10X Rule

The E-Myth

The 4 Hour Work Week

BiggerPocketsPodCast -I hear #136 is exceptional!

Wholesaling101 You Tube Channel

Kent Clothier – You Tube Memphs Invest channel

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