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Updated almost 6 years ago on . Most recent reply
Newbie located in Denver, interested in all markets
Hello,
I'm new to Bigger Pockets, and to real estate in general, although, have been interested for many years. I first realized how powerful real estate investing must be while I was in college. After making steady rent payments to my landlord, I began to wonder how much money she must be making on our rent. This thought stayed with me throughout the years, and eventually led me to stumbling upon Bigger Pockets.
I've been working as an engineer in the greater Denver area for almost three years now. I enjoy my job well enough, however, do see a day when I'd like to leave corporate America for a much more free lifestyle. I've become very interested in personal finance and frugality, particularly the teachings of Scott Trench. My goal is to live as efficiently and frugally as possible, while spending the majority of my engineering salary on income producing investments, particularly real estate. The idea of freeing myself from the need to work a corporate job, and providing myself the freedom to pursue work that most interests me, has become self consuming.
With frugality becoming an ever more guiding principal behind my daily decision making, I hope to soon position myself to be able to purchase my first small multifamily property, most likely outside of the Denver market. I'm originally from South Dakota, and am particularly interesting the Black Hills area. My mind is open to nearly all locations however. I'd love to connect with anybody out there who I could help, especially those interested in similar areas!
-Erik
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Hello Erik! Sioux Falls, SD, continues to be a great place to invest in real estate because of the city's strong economy if you are willing to look a little further east in South Dakota!