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Updated over 8 years ago on . Most recent reply
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Experienced investor, first time post-er! Southern California
Fellow BP'ers,
Thank you for taking the time to read my intro! I'll do my best to keep it concise and interesting :)
About me:
- Interest in real estate started while in college (Rich Dad Poor Dad)
- Worked in sales and management after graduating
- Built a real estate investment portfolio part time while working full time
- Quit my W-2 job after 3 years and went full time self employed
- Started and sold a successful ECommerce business (Still partial ownership, but silent partner. 4-hour work week anyone? lol)
- Currently working full time in investment real estate
My Current Portfolio:
- Consists of several student homes that generate 5x - 10x the cash flow that a traditional rental would
- A couple homes were purchased myself through FHA leapfrog and refi (house hacking is the best!)
- One home as partnership with family
- One home as partnership with a silent investor
What I am looking to do moving forward:
- Create a marketing machine to funnel leads to other businesses that I own/partner in
- Self sufficient wholesaling business (employee run, profit sharing, partnership, etc.)
- Self sufficient flipping business (team of employees)
- Retail Real Estate brokerage for retail deals and property management (most likely acquire pre-existing prop management business)
- Expand student housing portfolio
- Build out-of-state portfolio for passive income
- Possible: Create hard money lending company using OPM
Whew! Sorry for the long list, but I wanted to make it as quick of a read as possible! I'm hoping to chat further in detail later as curiosities and obstacles come up. I'm not normally this dry and robotic, I can assure you :P I look forward to hearing from everyone soon!
P.J. Bremner