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Updated over 8 years ago on . Most recent reply
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New member and new investor
Hi Everyone,
I am excited to start my biggerpockets account and start learning about real estate investing. I purchased a duplex last year and have been doing okay with it...but I am sure could do much better. I am here because I want to learn more about multi-family investing and am also hoping to learn more about low money down options.
I am currently employed at a job that provides me with low opportunity for advancement, average pay, and does provide benefits so that is good. I am currently 26 years old and understand the idea I can not live life the way my parents did...knowing they would receive a large pension benefit from their employer if they just did their time. So I am here in order to build a large portfolio of real estate as a form of retirement.
I have set goals already such as I know I want to start with single family and work into multi-family. I know how much passive income I want to make annually before I will quit my job (roughly $100K) and I know I need around 30 houses to do this. I also hope to get there by the time I am 40. Needless to say I have a lot of work to do in 14 years and a lot to learn.
Thank you for reading this and please if you have any comments, questions, or advice I am all ears.