New Member Intro, a little late

[Eric Yow]

Greetings.  Following others, I thought I'd do a new member intro before posting anything substantive or asking questions in other areas.  I'm Eric Yow, 34, from Clarksville TN, where my day job is practicing law.  I do mostly criminal defense, with some personal injury, in a small firm in which I am partner.   I also own a haunted hayride park open every fall, where patrons ride on a truck/trailer and shoot live zombies with turret mounted paintball guns, among other attractions we offer.  Yes, it's as awesome as it sounds.  I previously competed in professional Artistic Pool/Billiards around the world and on ESPN, but now my main hobby/money-pit is racing my corvette. I'm excited about real estate investing and am glad to be sharing this much of the journey, this early in the journey.

I started real estate investing back in January of this year, with an eye towards buy and hold, aiming to acquire one SFR rental each quarter. Then I listened to a certain book that motivated me to 10x my goals and my efforts. Thus far I've acquired eight properties with two more in the pipeline. One has been rehabbed and is rented. Four have been rehabbed, listed, and are all sold with closings in June/July. A 6th is nearly finished with the rehab and I'll be "selling" it to my in-laws, at no gain, giving them the equity (they're amazing and I am effectively moving them closer to us and their grandkids). I have two more flips being rehabbed that will list next month. And I have two more in acquisition that I will close on next month. I hope to 1031 from my largest sale into one or both of those, which I'll hold as rentals.

I've never done anything halfway and always seem to find something cool to do with whatever time we have. I'm loving real estate, despite its known challenges, and I'm thrilled that it's going this well. Ideally I'll acquire as many as 10 SFRs to hold as rentals, flipping others when it's most profitable, this year. In subsequent years, I'd like to scale up to multi-family and/or apartments, most likely. We're having so much fun with 'today' that I haven't slowed down long enough to think longer term. When I find time to slow down a bit, I'll make my goals more specific and gear my efforts towards that end. Generically, I want to create passive income from my REI and other businesses so that I can spend more time with my family...at the race track. :D

I hope I have the ability to contribute on BP along the way.  I've listened to many of the podcasts and get a lot out of the guests being interviewed.  I've not been on this site much, but I understand it's a good resource to those who use it.

Thanks for always making people feel welcome.  If I can be a blessing to anyone else, I surely will.