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Updated about 6 years ago,

User Stats

7
Posts
11
Votes
Paul Savage
11
Votes |
7
Posts

Newbie (kinda) from Louisville, KY

Paul Savage
Posted

So I'm not technically a newbie to Bigger Pockets (been following BP for about 6 months now), but I never did an introduction when I first joined and Bigger Pockets really helped me close on my first rental property about a month ago so I figured I'd go ahead and introduce myself. 

My name is Paul Savage and I am a 24 year old Real Estate Investor from Louisville, KY.  I've always had an interest in real estate from a young age because I've always dreaded the thought of a 9am-5pm desk job and I had always noticed the amount of wealth that property owners have.  Once I graduated from the University of Kentucky in 2017, I got one of those dreaded W2 jobs but instead of being 9am-5pm it was more like 6:30am - 6:30pm.  While I actually enjoy the job (yes, I'm still working there) and there are tremendous advancement opportunities, the thought of working 60+ hour weeks until I'm old enough to retire from my 401k terrified me and motivated me to do something about it.

In about August of 2018 I started learning everything I could about REI and immersed my self in self education from reading 15-20 books a month to listening to almost all of the BP podcasts. Finally, I decided that there was only so much reading I could do and that I'd actually have to pull the trigger at some point to get some real hands-on education.

About a month ago, I closed on my first 4-plex, and while there were a crazy amount of hurdles along the way it finally closed and is cash flowing about $250/door from the get go because I inherited 4 quality, long-term tenants. Hopefully this is the first of many.  Thanks BP

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