New to Real Estate Investing

[Daniel Lee]

Hello everyone,

I first purchased my home back in Jan 2018 and I didn't know anything about investing and it was a liability. Market was going up still in 2019 when I decided to sell it because it was becoming a liability instead of an asset that growing up, everyone told me a house is an asset. I sold my house for over 10K more than what I purchased for back in 2018. I was able to pay off all my debt that I had when I bought the home. This was when I liked real estate but didn't think too much about it. Then, I came across Rich Dad Poor Dad while I was browsing through social media and decided to read it/listen to the audiobook as well. I really got interested in real estate and started reading more books about real estate and other business books. I came across BP while researching and found many useful information through the podcasts and forums. 

Right now, I am pending on my second home, which I'm going to house hack and also planning on make a room with a bath in the basement to have more rooms and also increase the value of the house. I also have my eyes on few other properties outside of town that are triplex, fourplex, and sixplex. I'm hoping to close on one or all of these properties by the end of 2020.