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Updated over 8 years ago on . Most recent reply
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Brand NEW guy
Hello everyone. My name is Lee. I live in Kentucky near the Louisville, Kentucky area but just south of it actually. Just found and registered on this site two days ago. I have been listening to the BP podcast constantly and trying to learn the ropes.
First off, I am a college graduate while serving in the Army NG out of Indiana. I work as a police officer out of Louisville. I am currently 29 years old and have always had retirement on my mind since before I even turned 18. I am not one of those typical millennial's. I am a hard working and determined individual who gives anything I work towards 100%.
So, right now I am in the beginning phase of wanting to start my own business. I want to buy properties and rent them out. I know there is a lot of potential in this market and it has always interested me. My wife and I constantly watch home improvement shows to the point where we are noticing our love for remodeling. Honestly, I do not have any experience just yet with it but I have ties to people who do. I have already talked to a few people by making connections in the HVAC area, Real Estate as well as home improvement area as well. So as you can see in the last few days I am attempting to connect with people in order to start this process.
1 year goal: buy a property and start renting it out.
3 year goal: buy a property and flip it.
5 year goal: have multiple properties and have them rented out but also have my little business successful and charging on.
So, from here I just need advice. I'm going to continue to learn on my own, listen to the podcast and seek advice from the forums and my contacts. I have tons of questions that would be too much to write. Yet, one of the main questions I have that worries me(due to my experience in law) do I need to go ahead and seek a lawyer and sit down and have this talk with them? Any advice would be helpful. Thank you all and hope to continue to connect soon!
Respectfully,
Lee
Most Popular Reply
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Lee, KREIA meets this Thursday at Woodhave Country Club. It's our annual holiday party. You (and your wife) should definitely attend. The meetings are always a great place to network and learn, but this one is predominately about socializing and getting to know other investors.
As far as attorneys, I recommend you speak with Harry Borders (Borders and Borders), Brad Lammi (Henry Schildnecht Law), or Michelle Rawn (Rawn Law Office). All three are members of KREIA and have been working with investors for quite some time.