New Chicago investors with first househack. Thank you BP!

[Carmen Graves]

My husband @Peter Graves and I are so grateful we found BP to help us achieve our REI journey! Our journey has gone like this:

October 2018: listened to my first episode of the BP podcast (It was episode #300, super recommended for newbies)

November 2018: market research, and narrowed down our area while visiting properties as much as possible

December 2018: put our first offer on Xmas day. Offer accepted next day!

January 2019: closed on our first REI property! (a 3-flat in Chicago, for house-hacking and buy-hold)

February 2019: Rehab, rehab, and more rehab

March 2019: Listed for rent

April 2019: First tenants moved (yes! Rental income finally coming our way!)

May 2019: move into our unit

Future: Refinance, repeat. Continue paying debt and continue saving for our next property

Thanks to BP, where we were able to connect with important team members to achieve this. On our first BP meeting, we met our agent. Via BP messaging other BP members recommended KEY people for our success. Thanks to @Brie Schmidt for recommending our awesome mortgage broker, to @Henry Lazerow for being our agent, special thanks to @Account Closed for sharing their insight about the north-side Chicago market, and providing advice. Please excuse me if I forgot anyone on this list, but I am truly blessed to have met so many great people along the way.

Why am I doing this?

Time and financial freedom. Both my husband family and my family are from out of state. My husband’s family is based in Texas, and mine is in Peru. I can’t wait for the time that we could travel to Peru and Texas back and forth with no money or time restrictions. I would love to spend more time with my loved ones while still receiving passive income.

With more passive income I would like to increase the time I spend educating and teaching. By profession, I am a dentist specialized in Periodontics. I would like to increase the time I spend teaching the future generations of dentists in the USA and Peru. As I gain more experience in REI, I would also like to share the knowledge I would have gained to future investors, especially I would like to help empower people that might be struggling financially or people that come from a disadvantaged situation in life such single parents, orphans, etc.

To have the financial resources and time to advocate for our planet, and help to make it a better place for the future generations to come. After all our life (and REI) depends on our planet to be safe and clean and continue being a beautiful place.

How can I help?

Connect with me if you are interested in talking about REI. I am happy to share whatever knowledge and experience I have.

Thanks again BP!