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Updated over 6 years ago on . Most recent reply
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New Investors from Erie, PA
Hello BP,
My name is Greg and I'm a 30 year old electrical/software engineer from Erie, Pennsylvania just starting out on the real estate/FI journey.
My wife and I read Rich Dad, Poor Dad at the beginning of this year and completely agreed with his concepts and have been immersing ourselves in real estate and passive investing since then.
In our initial investigation we determined that we didn't want to invest locally since we live in a economically depressed area with limited employers, so we did the easiest thing and bought a turn-key property in Birmingham. We are currently in the process of closing on this property. I knew the downsides of this type of investment but felt that our natural tendencies to over analyse everything needed to be combated by a swift decision and action.
Since then I have gone down the rabbit hole at BP and we have pivoted to focusing on Out of State BRRRR investing a-la-David Greene. We have made no concrete moves forward yet as we are still hunting for our target market to beginning to develop contacts in.
Thanks for everything BP and looking forward to investing in this community,