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Updated about 8 years ago,

User Stats

8
Posts
7
Votes
L.D. Stauffer
  • Salt Lake City, UT
7
Votes |
8
Posts

New member from Utah Moving to Indianapolis to invest

L.D. Stauffer
  • Salt Lake City, UT
Posted

I'm 33 years old (born in 1983) and never went to junior high or high school. I have a 3rd grade education. At age 29 I found myself supporting a wife, an ex wife (child support) and 2 kids on food stamps and working for minimum wage. That's when I had the, "I'VE HAD IT MOMENT!!!" I was sick and tired of being sick and tired.

Fast forward 5 years... after reading many business books and working like no one else, I'm now retired with two successful million dollar companies that I personally started from the ground up. One in healthcare and the other in ecommerce. I've learned that there is no obstacle that can't be overcome with the right amount of grit and willpower.

After being able to retire last year, I've spent the last 6 months in South America backpacking with my wife and our 3 little kids, ages 1, 3 and 4. But abruptly my wife decided that life on the road was not for us and made us come back to the U.S..

Now that I'm home I'm ready for my next adventure. Real Estate. I've spent the last 2 months devouring 10 hours daily every podcast and book I can on my new found obsession. Other than house hacking and living in the basement of our now paid for home, I know next to nothing about real estate. But as I mentioned before, with grit and willpower anything can be conquered. I'll be moving from Salt Lake City, Ut. to Indianapolis Indiana with 500k personal cash plus a 10k or so monthly risidule to purchase "buy and hold" properties. My master plan is to build up a 75 unit (100% paid for) property portfolio within the next two years.

So that's me. I'm hoping to meet and network with individuals here on BP that can learn from me and in return I can humbly learn from them. I have grit and talent that I can share but other than that, I'm a green real estate investor through and through and am in dire need of a real estate "friend/mentor" looking for a fun, crazy and wild ride. We all have things we can learn from each other and I'm a humble student that always takes action. I would love to connect with someone in either Salt Lake or Indianapolis as I'll be heading out there within the next couple months to start and I don't know anyone. 

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