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Updated over 8 years ago on . Most recent reply
New Pro Member - Sharon NH
Hi, Rory Goff here in the bustling metropolis of Sharon NH (population 395 - not a misprint). Boston is only 1-1/2 hours away, but then everything seems to be at least 45 minutes away.
My business partner and I have some small experience with real estate investment, and a little success, but would like to take the next step and build a real estate based business that will take us into retirement. We are in our early 60s now, and would like to avoid having to eat cat food when we are 80+.
We are both successful small (tiny) business men working as consultants in mechanical industries. I own a fire sprinkler system design company, and Norm owns a automobile repair shop. And, yes mechanics are more like consultants every year :) We have been independent businessmen since 1984 or so.
I have a condo that my wife and I rehabbed and then missed the seller's market, so it is being rented out at about breakeven. Norm has a single family rental, and a small 2 unit apartment building with a commercial space. That's it. We'd like to get bigger and better!
That's where Bigger Pockets comes in. I looked at a number of "supportive" groups/websites, and nothing comes close to Bigger Pockets in terms of information and interaction. The price is very reasonable as well!
Our target markets will probably be 1- small apartment units, 2- trailer flips, 3- vacation rentals; in that order. Our immediate needs are to learn the buying and evaluation process more completely, and to understand financing better. We both have been at the erratic mercy of banks too many times to think we have all the answers.
Questions, suggestions, ideas, are all welcome. We are glad to be here.