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Updated over 7 years ago,
New member / New investor in Libby, MT
I am brand new to the field of REI. I have become seriously interested within the past 3 weeks and found Bigger Pockets about 10 days ago. Since that time, I have been soaking up everything I can from this and other sites, the BP podcast and I just ordered The Book on Investing In Rental Properties by Brandon Turner. I have read a few of the posts in the forums and feel like I am ready to step out and use the forums to begin networking, learning from fellow investors and getting feedback on if any potential deals are actually deals.
Like I said in the subject line, I live in Libby, Montana, which is a small rural town in the NW corner of the state. It is not a booming metropolis and I am unsure of what kind of local deals I can make. My plan is to buy a local single family home for rental in the coming months and use that to "learn the ropes." I am open to going to other markets and would like to move up to multifamily units. My goal is to grow this to enough cash flow that my wife doesn't have to return to work and she can stay at home to raise our children.
I am comforted by the community here at Bigger Pockets and knowing that it is not only filled with new investors looking to take the plunge like I am, but also with seasoned veterans that prove REI to be a great option to grow personal wealth.
Thanks for your time in reading this intro and I hope to hear from you soon.
Sincerely,
Nick Peterson