New to REI in Oregon, and the Pacific NW!!!

[Jay Krietzman]

Hello beautiful minded people of Bigger Pockets!,

I'm super new to REI and I've been bit hard by the RE Bug. My wife (Nicole) and I have found that we're not spending the time that we want with our kids (Wylla, 21months & Westyn, 3months) nor doing the things we enjoy in life.

I currently work as a full-time Operations Manager for a Business Solutions, Equipment, Chemical and Paper company off of Swan Island which keeps me pretty busy. But on my commutes to and from work, on my breaks and lunches, and on my weekends when the kids aren't up I'm studying like a mad man, shoot, even when the kids are up I'm usually sitting in front of the computer with them on my lap as I explain to them the various ways to buy and finance real estate (getting them started.

• I've read 10+ books this year so far. (Almost all of the BP published ones plus a few others)
• Attended the majority of the webinars that BP puts on in the last couple months.
• Finally signed up for PRO! (YAY to Calculators!)
• Analyzing deals to the best of my abilities. (Going to go look at a couple. Wish me luck!)

My initial strategy is that I want to Fix n' Flip via Private, Hard, or Partnerships to acquire capital and then invest in buy and hold or do the BRRR where/when possible. My target niche for fix and flip will be SFR 2bd, 1-2bath acquired through MLS, REO's, and Targeted direct marketing. When reinvesting the gains from that my intention is to invest in Multi-Family homes leading up to the eventual apartment complexes and storage facilities.

Although, Nicole and Myself own our home I don't have a lot of actual RE experience, nor do I have a ton of capital, but I do have a ton of willingness to research, and hustle. My work career also brings 14+ years of management experience dealing with various vendors, employees, projects, etc. As far as RE I feel I "know" a lot for where I'm at, but am not exactly comfortable with that knowledge. I've found a few potential deals but haven't pulled the trigger yet because I don't have every aspect quite lined up as of yet. (Think good plan vs perfect plan). I've met with portfolio lenders for the refi aspect and feel confident in a BRRR if the property is good that I would get lending after seasoning. I need to still flesh out the who, what, where, how of private/hard/partnership financing for that initial purchase and rehab funding. I also need to connect with Contractors in the Portland/Salem and surrounding areas that are familiar with working with REI's.

Aright everyone, looking forward to the upcoming relationships, exchanges, and partnerships that being apart of this community will foster. 

Have a great Easter weekend!