allow myself to introduce.. myself!

[Dan N]

Been a longtime lurker / reader here, and decided to get more involved and join the forums. Its a trove of useful information and I hope I can help contribute.

I am from Minnesota, and for me I plan on RE being an integral part of my overall financial plan. I have no intentions of going full-time, quitting my day job.. rather, I want to build long term wealth by purchasing good properties and letting my tenants pay for them over time. I may occasionally purchase a fixer-upper or quick sale if it supports this goal (ie, raise capital to purchase another long-term rental), but that is not my primary aim.

My RE specific goals are:
-Do 3 deals by the time I am 30. (1 down, pursuing #2).
-Be generating $500-600/mo cashflow by 30.
-Own/Control 30 units by 40yrs - generate $3000-4000/mo cashflow and go half-time at work. To me, thats semi-retired!!!

Starting small... these are what I feel to be acheivable steps. I refuse to buy just to buy.. I have the mentality that I would rather have a few great properties than a ton of average ones.

About biggerpockets and why I am here... I have been a member of several other RE communities before which lacked several key things that biggerpockets has. For example, one forum focuses pretty much entirely on creative RE investing, wholesaling, rehab, short sales, etc. Thats tangential to my goals. Another consisted almost entirely of newbies with very little advice / mentorship from experienced members. Anyway, glad to be here and thanks for reading :)