Not sure if this is like a AA meeting but here goes lol.

Hi, my name is Kyle Mcdonald I'm 25 been working full time since I was 15, I have been self employed full time now going on 4 years. The company I started is in logistics, has turned out to be great income but it keeps me from home/family more times than not. I had a great opportunity to purchase a house via owner finance when I was 19 from a investor that was a family friend. That property will be paid for here fairly soon and I couldn't be happier. I am dabbling in real estate and so far and am super jacked about it, I am also in the process of buying a bigger house (due to a growing family) and plan on renting my current house out which would be enough to make my new house payment.

I am kinda at a stand still though because I don't know exactly what direction I want to go from here? Once I finish the house I am buying I should have about 130k equity in it, should have access to that $$ by Julyish. I am also 50% owner in a trailer/RV park (about 16 units) and so far seems to be a pretty good money maker, but we have just been reinvesting it back into itself. Annual NOI of the park is about 62k, the cash flow is about 38k, writing it down on paper and all the time out there working on it I think it could double that with the right amount of elbow grease. My predicament is, I don't know if I want to go more in the mobile home park direction, single familys, or even multi family's units. I do however know I want (at least at the moment) to be involved in being a landlord, I like the idea of residual income and not having to kill myself with physical labor forever.

After listening to the podcast for awhile figured it was time to post, and hopefully get connected with some people in my area, and looking to get all the advise and direction y'all are willing to give.

Thanks for reading,
Kyle McDonald

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From the Gulf Coast, new to BP 36541.

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