Just getting started

[Nicholas Curcuru]

Hello Bigger Pockets community! My name is Nicholas and I am active duty Air Force Enlisted stationed in Germany. 

Just before COVID started I was looking into a better return and diversify my investments. At age 32, I have over $400K of investments with zero debt, but have yet not invested in anything outside of a Roth TSP, Roth IRA, and mutual funds. While I am told that this is very good for my age, I know I can do better. During a recent work trip I finished reading Rich Dad Poor Dad. I realized how much I was paying into the various landlord's pockets over the years and not used that money towards putting equity into a property I own and as well as create an asset for future rental.

Over the past year I listened to many of the podcasts and also recently read Long-Distance Real Estate Investing by David Greene. My job is to deal with IT and I already knew how to use many of the tools that were presented. I also already own a small LCC and LLC-equivalent in Germany, so that aspect is also largely not a problem.

My goal is to complete at least one remote real estate transaction (flip, rental, BRRRR, tax deed, etc.) by the end of the year using my on-hand cash. My long-term goal is to acquire at least one more asset every year for the next 5 years, and at least two after that. An optional goal is to acquire my first personal residence (under my name, not an LLC) if I move back to the USA, assuming the market makes sense.

Now, I just need to find a good market to start out in.