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Updated over 7 years ago on . Most recent reply
Newbie from San Antonio, TX
Howdy all!
I came across BP while reading an article by someone who had started in REI and mentioned BP as one of his sources to get started. I've considered REI for quite a while, but didn't think I had the money to do so until I started reading blogs and listening to podcasts on BP. Now I'm ready to make my first purchase!
I've been in the IT industry for about 20 years and it's been good to me. Having hit my 50's I'm now turning my attention to adding REI to my retirement plan. Would love to 'retire' from Corporate America. Not to sit on a beach, but to be in more control of my time and investing.
My goal is to learn, network and build a portfolio primarily around the buy and hold strategy...at least for now. Also, I'm no Chip Gaines, but I'd like to learn more about being a handyman. Not afraid of tools or getting dirty and I'm okay with very basic home maintenance. The BP community seems to be a place that through networking and being willing to help others I could learn some of the more complex handyman tasks.
My wife and I have been married 21 years, have 4 kids and have owned/built 4 houses as primary residences and that is about the extent of my real estate experience. We're both on board for this journey and looking forward to getting into it.
Thanks!
Jerry
Most Popular Reply
Hello @Jerry Condra and welcome,
Never too late for a good start!
I strongly recommend you listen to the BP podcast, and disregard their titles of the podcast, you can learn so much from each one of them!
Also, set-up keywords alerts, its a great tool I use. i.e San Antonio.. that's basically why I'm writing this...
If you need a buyers agent, I know one that is great, he only buys thought...
If you have time, I recommend you the Book on Rental Property Investing by Brandon Turner. I feel that its a great book that covers almost everything you need to know so you can look into more details on your investing strategies, you don't need to buy a lot of books for experts that only "their system" works...