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Updated over 8 years ago,
Newbie from Jaffrey, Monadnock Area in Southern NH
Hi All,
My name is Chris Luksha and I am the male in my profile pic. My beautiful wife Beth is there with me and we have been happily married with three children for some time now. Our 17th Anniversary is coming next week and we are taking our first Anniversary getaway in 16 years (Since the the first two of three kids.) All that to say - I have been working for the sake of working and would love to start investing my time in my family's long term future and not just next week.
In keeping with the suggested first post topics, you have already heard a little about my family. My experience in Real Estate Investing is solely the purchase of my first home. It was a bad experience and after 10 years I am only now starting to pay down the principal in any noticeable manner. That bothers me. I would like to understand more about REI and hope to spend many hours here and at other forums reading and learning.
My hopes for REI is to buy and hold rental properties for both mid term income sources and long term retirement. So I hope to learn TONS about the best business entity to create, the use of land trusts, the understanding of self directed retirement accounts and which to start using, how to find investors to help me create small income in order to build large investments.
Here are some of the goals I came up with to start my time here:
GOALS
Short Term:
Research and Create Investment Team
Read up on REI for 1 hour a day minimum and take note of the highlights and inspirations.
By 8/15/16 Have a company entity defined and registered with the state. So far an LLC seems to be the most common and ‘safe' however you can establish an LLC as a corporation as well as a member or manager llc. ICK! Where to start! (I have already read some great articles in the forums and blogs - thanks all.
Mid Term:
6/15/17 Have one fully insured multi family rental property.
I am glad to be a new member of BiggerPockets. Thank you to NHREIA for the tip. I look forward to meeting many of you.
God Bless!
Chris