First two properties got me hooked!

[Josh Calcanis]

Hey BP!

About a year and a half ago I finally entered the REI space. I had 'thought' about buying my first property when I first started making some money at 23 as a medical sales rep. That was three years ago! The true success is not that I got into REI, but what it has done to propel me towards my personal goals and dreams.

I went on a trip overseas on my own and ran into a fellow BP member and told me to check out the site. After just 6 months on BP, I bought my first two rental properties. One was a SFH and the other a tri-plex that was family owned and they wanted to get rid. The SFH was renting below market rent at 1600 and the 3 units were all under $900. Market rent was $1900-2100 and $1100 - $1300 respectively. 3 months ago, I reached the point where all but one unit in the triplex was at or above the market rent and was supplying me enough income to move back to my home state, be closer to family, and finally start my own company.

Although it definitely wasn't enough to live off of for the long term and I'll have to get another job here in Florida, it did provide income to take a break from the job that had become more of a chore. I was able to travel South America, see some of the United States, and began networking here in the Orlando area. It's allowed me to focus on my dream of starting my own company and time to focus on the properties I did have here in Orlando.

I'm definitely not going to be 'retiring' from my day job in the next 2 years, but this has got me on the right track and my only regret is that I wish I had started earlier. BP has been amazing and success really does have  a different meaning for everyone here!

P.S. - currently looking for the next multi-family to move into!