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Updated over 7 years ago,
Newbie in Clearwater,FL
Hello everyone,
Background: I'm a 25 year old insurance underwriter in Clearwater, FL. Just had my first kid and am starting to think more long term. I think RE rentals are the ticket to my future. Build wealth by letting other people pay for your homes and make a little on the side. What's not to love?
I'm looking to learn as much possible. Currently in my learning phase while I make sure my personal finances are in order to better enable me to jump in. Almost done with The Book on Rental Property Investing by Brandon Turner. Next on my list is Rich Dad Poor Dad. Currently listening to the BP podcast everyday on my drive in and out of work.
My only experience in RE is my primary residence that I bought in 2015. Bought a foreclosure just as home prices were starting to climb back up in my area. Seems to have been a great investment as I'm sitting on some good equity. Haven't decided on to sell or refi to take that money to invest yet.
My biggest obstacle is going to be getting my wife on board. She is not a fan of being a landlord. She's ok with flipping to an extent but I'm not looking for a second job myself.
I have a bunch to learn and a handful of questions. I look forward to connecting with you and hopefully giving back someday.
Brandon