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Updated over 8 years ago on . Most recent reply

User Stats

38
Posts
14
Votes
Jim Horne
  • Rental Property Investor
  • Lawndale, CA
14
Votes |
38
Posts

New member from California looking to buy and hold for cashflow

Jim Horne
  • Rental Property Investor
  • Lawndale, CA
Posted

Hii everyone!  I've just enrolled in Rich Dad Real Estate Investment coaching and am looking to start building a real estate investment portfolio for passive income.  My goal is to exit the rat race in 10 years.

  • Jim Horne
  • Most Popular Reply

    User Stats

    32
    Posts
    16
    Votes
    Jennifer Maldonado
    • Investor
    • Burbank, CA
    16
    Votes |
    32
    Posts
    Jennifer Maldonado
    • Investor
    • Burbank, CA
    Replied

    Welcome to the club Jim. I was a student of Rich Dad and left my corporate job after 2 years. It was an expensive investment but ROI has been incredible. Now, they call me to come as motivational speaker for their bus tours.

    Everyone has share some good information.

    Here are some extra recommendations:

    1. Sign up for meetup.com and start networking. You can find great investments clubs in there. I will recommend any FIBI related, Club in Action and the http://www.thenorrisgroup.com/ (this last one always have good insights about the market)

    2. I like this book :The Advanced Guide to Real Estate Investing: How to Identify the Hottest Markets and Secure the Best Deals" - I did my first investment following his instructions and I did get 300K on equity plus cashflow... (without even talking about tax benefits)

    3. I want to understand what is that you are looking for - Private message me. I might have some great cashflow opportunities that I can share with you. 

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