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Updated almost 7 years ago on . Most recent reply

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Perry Thomason
  • Lexington, KY
6
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6
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Newbie from Lexington, Kentucky

Perry Thomason
  • Lexington, KY
Posted

Greetings Bigger Pockets community,

My name is Perry Vincent Thomason. Friends and acquainted address me as Vincent or Vince. 

I live in Lexington, Kentucky. I graduate a month from now with a Bachelor's in Psychology from The University of Kentucky.I plan on completing an online MBA within the next two years from Northern Kentucky, and I'm considering a PhD afterwards.

I'm currently working a part time position in a meat shop at Whole Foods market. The pay is fair and the discount on groceries is a blessing.

I am new to real estate, but I can see a bright future in it. I'm currently working on finding my first home. My plan is to own enough rental properties to achieve a passive income of 100k plus every year.

I found bigger pockets through Brandon Turner's youtube channel and books. I'm looking forward to learning as much as I can on Bigger Pockets as well as meeting new people!

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Kevin S.
  • San Diego, CA
7
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15
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Kevin S.
  • San Diego, CA
Replied

Best of luck to you Perry,

Continue to build on your MBA education and make sure to read or listen to audio books to continue your financial education.  I listened to 100s of audio books and they have proved very helpful so that is what I always recommend. 

Start by determining how many doors you need to own to acheive your 100k goal.  Then set off to start buying some cashflowing properties. 

Not that I'm aware of your income but hacking the system and buying a duplex/triplex with an FHA is always possible. After that art by determining how many doors you need to own to acheive your 100k goal.

Once you have that down and are on the move I have 16 townhomes that I may be selling closer to the end of the year.  :-)

help me out with some upvotes if you find this helpful!

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