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Updated almost 12 years ago on . Most recent reply

User Stats

192
Posts
156
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Paul Cox
  • Rental Property Investor
  • Manassas, VA
156
Votes |
192
Posts

Hello All, Newbie here from Rome, New York

Paul Cox
  • Rental Property Investor
  • Manassas, VA
Posted

Hello,

My name is Paul and I just came upon this site a couple of weeks ago while I was looking for other information through Google. I retired from the Air Force after almost 30 years of service last September and have been taking some time to decide what it is I want to do next. I have come to the conclusion after reading and listening to a lot of Rich Dad books that it is Real Estate that stirs the juices the most. I bought my first Single Family Home a number of years ago after reading Rich Dad Poor Dad and had a very positive experience with the rental property. We held it for about 5 years, 4 of them with a tenant and positive cash flow. We took a year to remodel it little by little and then put it on the market to sell. We made about $16k on the sale and then slid into the shadows. I am ready to get back out there and based on a number of posts that i have read, this site looks like a great education and mentoring site for us novices looking to become professional real estate investors. I am currently looking at both single family homes in my area as well as a number of multi-unit properties. I am leaning towards the multi-unit properties because a number of them can be had for a relatively low price with tenants already in them and which seem to be on the surface creating decent cash flow. I look forward to learning and building some great relationships and any help and feedback will always be welcomed.

Again, hello

Paul

  • Paul Cox
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