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Updated almost 11 years ago on . Most recent reply
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Newbie from Shreveport, Louisiana
Hello everyone! My name's Logan Boyter and I'm a new 19 year old real estate investor in Shreveport, Louisiana. I'm not entirely sure why I got into real estate investing. I think it was because my brother and I were talking about our future, and I said something along the lines of "Why not just buy houses and rent them out? Isn't that something people do for money?" Since then the plan has evolved and morphed in many ways. Within the next week my brother heard an advertisement on the radio about "The Flipping Formula", from Dave and Pete on the show on A&E. It was free, all we had to pay was shipping. My brother told me about it and I took it as a sign, read it and became enthralled. Since then I've been reading as much as I can, making plans, trying to poke holes in them, and then making better plans.
I got the book around two to three months ago, and if it were up to me I would've started advertising for motivated sellers the day I learned that wholesaling was a possibility, but I was having trouble finding a job. I had just gotten out of my first year of college and decided to take a break for a semester or two, and I had to move back home. Job after job fell through, but finally (a week ago) I got a job at a local pharmaceutical company, and now I'm getting ready to gear up and actually start investing, finally. In the mean time I'm listening to every BP podcast in my spare time, reading every book they mention on there, and generally just doing the best I can to be prepared for my first deal. My end goal is probably the same as the majority of the people on here: Have enough passive income to quit my job! That's all I can think of for now, thanks for taking the time to read this, everyone.
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Thanks James! I saw you post somewhere a while back, when I searched the forums for Shreveport. I definitely will be reading everything I can here on BP, and I've read and reread the Ultimate Beginner's Guide. Thanks for the tips and the warm welcome!