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Updated over 7 years ago, 04/23/2017
New member introduction from Michigan
Hello everyone! I've been browsing the BP forums for a little while now, and figured it was high time I posted a new member introduction of my own to get to know the community.
My name is Jonathan, and I've lived in Southfield, Michigan for almost two years now. Previously, I was a student at the University of Illinois, and graduated with a materials science and engineering degree in 2015. I currently work full time as an application engineer in the Detroit metro area, and plan to get started in real estate in my free time.
I've been trying to do my due diligence in preparing for the inevitable plunge into the world of real estate investing, namely listening to Brandon and Josh's podcasts, reading books on the subject, and joining my local real estate investor's group (Michigan Real Estate Investors) to build my local network. My target real estate niche is investing in small multi-family (2/3/4) buy-and-hold rental properties in the Detroit metro area at first, but who knows how my portfolio will grow in the years to come? The plan is to play the long game, and buy with not only decent positive cash flow in mind, but also appreciation and equity growth if at all possible.
I have about 25k saved up for my first down payment, but hopefully I won't need all of it initially since I'm looking to jump into the game via house hacking (buying a duplex, triplex, or fourplex and living in one unit while renting out the other(s)) using an FHA loan. For now, though, my main goal is to continue educating myself and growing my network so when I do decide to take the big leap, I'll be ready for it!
Thanks everyone, and I look forward to meeting you all!