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Updated over 7 years ago on . Most recent reply
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Newbie Investor from New Orleans / Metairie / Kenner Louisiana
Hi there! My name is Alex and I'm from the New Orleans area. My wife has been putting up with me since the summer of 2015, with hopefully many more years to come!
After binge reading Robert Kiyasaki's, "Rich Dad Poor Dad," I've been relentlessly searching for an investment vehicle I can wrap my head around and utilize to build a secure future for my family. I chose real estate because of the massive wealth building potential given the proper time and skill, and because it just made sense to me compared to some of the other options out there.
I'm very new to the real estate realm, so there's a whole world of learning ahead of me. Part of the draw for this business was the possibility to get started with out any of my own money, which is good because I don't have any to begin with.
I'd like to start out flipping on the side to build capital, then eventually move into the buy and hold strategy to build long term passive income.
At some point I do want to get my license to open up the opportunities that come along with that, as well as the business legitimacy. I'm also very interested in purchasing a multi family property in the near future so my wife and I can live rent free.
I look forward to the lessons to be learned both here on BP and in the real world, as well as the exciting relationship opportunities to be found in this community.
Most Popular Reply
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What's up Alexander!
Real Estate is the best way to go brother. I am new to the game as well but i just received my RE license and looking to do business in LA and GA. I'm starting with Flipping as well and moving to multifamily once i can get enough funds for a downpayment.
Let's find some potential deals (flips, flip and rents, 2-4 plexs) in your area. Sound good?