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Updated almost 7 years ago on . Most recent reply
New Member Introduction
Greetings all, First time posting here. I am so happy this website is here, I have read dozens of posts that were fairly helpful. I have recently attended a Than Merrill event, pretty much a 3 day sales pitch, but I came out with a lot of good notes. Not interested in the $49,997 for the Masters Program. Interestingly enough, they touted how proprietary the software was all weekend and it looked awesome. Then I caught it when the trainer typed in the name on his address bar as "Realflow," good catch because now I have that software and with all of the information on this site, my local REIA and the meet-up club i joined, I think I can replace their $49,997 coaching.
My long term goal is to get into wholesaling and to work toward buying rentals with anything I make off of the wholesale deals. If a deal comes along that is right for me, I will look into doing a rehab as well, but the numbers have to add up. I'm still getting my LLC set up and organizing my system for doing whatever I run into. Building my checklists, business plan for each type of investing. Setting up a quality credibility package so when I am ready, I can start finding my funding needs.
This isn't going to be easy, but I am in it for the long haul. I have a good job now, I am looking to build this up to become what I do when I retire in the next 7-8 years and go full time. I just hope I can get enough rentals in at the lower interest rates to short the dollar before the rates get too high. My end goal is $4500 a month in passive income plus my pension. If I do nothing but keep my business doors open and reinvest all my profits off of any deal and use any equity I gain to get at least 12-15 locked in over the next 7 years, I can get there. Not going to be a walk in the park, but I see it.
Anyway, that's my story. I am glad to be here and look forward to reading everything I can and meeting folks here. Happy hunting...
Chad
P.S. I'll post my business info in my profile soon as I have it set up.