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Updated about 8 years ago,
Sam from Springdale AR, (north west Arkansas)
Hello BP members,
Register to BP a month ago, as an autodidact person I took my time to learn the basics.
during that period i read 3 books and while driving listened to more than 58 BP podcasts.
I worked as locksmith for more than 15Yr in Houston and 7 month ago our house and my van flooded,that day I realized that i need to change my life path TODAY!
So within 3 days we decided to move to North West Arkansas and start new life, we had less than $2.5k at that moment.
We were more than 2 month in hotels until we found a place to rent, properties that posted in craiglist at the evening were found tenant the next day before noon, during that period of time i opened My locksmith business and advertised the service on google adwords (luckily i have the experience to put my ad in the first place on first page) so i started to make money on the same day i got basic locksmith tools and new van.
2 month ago I searched for other methods to increase my income and after reading a while and passing most of the "scam's" proposal on be rich as soon as you wake up next morning, I found the real estate and it just felt right from the first second, ( I had some buy and hold 3 units in Israel ) then i went to youtube and searched for real estate investing taking notes of the terms using in the videos and start googling the terms to learn the definition, UNTIL one of the terms send me to BP and this where i felt i found IT.
I hope is not the largest introduction the BP society has read :) , so i decided that the first thing i want is too get a monthly cash flow ASAP before the end of the year and i almost did! I found an auction of 3 different complexes 17unit/16unit/84 unit 95% are occupied with an average rent of $450. but i founded a week before the auction ended.
My goal is to buy my first real estate property (multifamily or bigger) before January, and i need all of you to help me do it. if someone is interest to here details about the complex i'm willing to see if we can still buy this and how.
Thanks In Advance
Sam