New Member Introductions
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
Greetings all! I love BP! From Boulder, CO
Hello all,
I've been a long time lurker (Starcraft anyone?) and listener of the amazing podcast and I wanted to introduce myself. I also want to commit to getting somewhat active on the forums and reaching out to some of the great people on in this community.
I am a newer physician living in Colorado (Boulder area) and lived on the east coast for many years. I grew up under the poverty line for many years of my childhood. My parents have lived paycheck to paycheck and were not investors but they did introduce me to Rich Dad at age 15 which left an impression. I purchased a SFH in 2008-09 during the crash in mid-atlantic that is cash flowing. I've read about 50-75 books on REI and lifestyle design/financial development, most of the BP podcasts, and plan to read a lot of the forums in the spheres of my interest.
I plan on investing about 50k of my money a year, partnering with my friends/investor friends in a deal in the next 12m. I plan to buy and hold as my primary investing strategy and working on building systems to reduce my long term time investment IN the business so I can keep working ON the biz.
My big WHY(s) is building wealth for the following reasons:
1. Financial security for my family
2. Opening up more options in my life and working because I want to and not because I have to
3. Teaching my children to be investors if they desire
4. Generate wealth for philanthropic work
5. Working in the realm of REI because I think it is fun and a proven vehicle of sound investing
Being with my family, my lovely wife and 2 young boys, is the biggest part of my life and my favorite hobby. When I have free time I like to be outdoors. I read a lot. Fantasy, Sci-fi, REI related, medical journals, and self-improvement books. I like long walks on the beach and really bitter beers. Actually I like all the beers, God bless Colorado and the US craft beer scene. I climb rocks (sport, trad) and mountains (14ers). I used to play a variety of video and board games but now mainly play Nintendo Switch with my older son and easy family board/card games. I'll try not to ramble further but I am happy to be a part of this fantastic community.
Thanks to Josh and all the active users here. I've learned so much from this community you started and I know BP will be a pillar of my future financial success.
Cheers,
Bill Bauer