New to BP, local to Dayon Area

[Josh Springer]

Hey all, 

Just wanted to take the time to introduce myself. I've lurked around some various forums for a while now, but have consistently been referred to BP for investment education.

Now, I'm not like some that claimed to watch countless hours of podcasts, read every book, and every forum post. I've gone through a few podcasts, played with some of the calculators, and I'm going through the forums now. WOW - there's a lot of information to take in.

Anyways, my significant other and myself have debated real estate investing for a while now. I was very fortunate on my first home to purchase with significant equity the first time around, made about 17k in remodels, and sold for a pretty sizable gain. We moved out to Ohio, following a similar pattern, but on a "higher end" home. After living here for a year, we'll most likely be selling soon to begin our journey on financial independence.

We have 1 son and 3 pets. Our goal is to move out of our current home (2700 sqft ranch) and purchase our first duplex (move into one side). We want to drastically downsize, lower our overall payments/expenses drastically, and begin our journey into rental income.

We've set a goal to have sold this house and moved into the duplex by June, starting our first REI adventure. From there, figure out the process, scaling, etc and simply learn how we can scale from there. Ideally, add passive income from rental properties and flip houses in between.

Sorry for the long bit, just very excited and trying to absorb as much information as I can. At this point, it's time to jump and get started!

- Josh