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All Forum Posts by: Kyle Pence

Kyle Pence has started 1 posts and replied 4 times.

Post: Aspiring REI husband/wife duo in Charlotte NC

Kyle PencePosted
  • Charlotte NC
  • Posts 4
  • Votes 3
Awesome, thanks Colleen, will do!

Originally posted by @Colleen Goldstein:

@Kyle Pence Hey Kyle & Welcome to BP! It sounds like you're in the right place and on the right track. I second others recommendations to attend some of the local meetups. In addition, there is a Facebook group called ChooseFI Charlotte that is also filled with like minded individuals and not exclusive to real estate networking. You guys sound like you're on a similar path to me & my husband although we live over in the Matthews area. Feel free to PM me if you guys ever want to grab a beer! Thanks, Colleen

Post: Aspiring REI husband/wife duo in Charlotte NC

Kyle PencePosted
  • Charlotte NC
  • Posts 4
  • Votes 3
Hey Jonathan!  We followed Dave Ramsey's principles to pay off the debt. Listening to his podcast was hugely motivating and helped get my wife and I onto the same track initially. 

As for the drive into work, my wife and I drive in together, so she reads a book while I drive.  It's the best!

Originally posted by @Jonathan Breton:

Welcome to the community! Sounds like you both are set on the right path - with attainable goals in mind. My wife and I are in the debt pay down mode right now, but I'm sure that will make getting rolling a lot easier with no debt. 

I second Stephens recommendation of in person meet-ups. But if you have a commute to work, I recommend indulging on all the podcasts you can. I have a 40min drive each way so I usually can get 1 podcast on 1.5x speed each way. For me the podcasts give great real world stories and motivation.

Post: Aspiring REI husband/wife duo in Charlotte NC

Kyle PencePosted
  • Charlotte NC
  • Posts 4
  • Votes 3
Thanks Stephen. Real Estate meetups at a brewery?  Count me in!  Guess we just missed the December meetup, but I'll plan to be at the one in January.

Originally posted by @Stephen Foltin:

Hello Kyle,

I am in a similar boat as you as my fiancée and I are looking to start investing in the South Charlotte area. I would recommend attending some of the meet-ups they have as I went to the monthly 1st Tuesday meetup at Resident Culture and meet a lot of great people. Sounds like you are making the correct steps to getting your first property. Good luck to both of you and hopefully we can connect at one of the events!

Stephen

Post: Aspiring REI husband/wife duo in Charlotte NC

Kyle PencePosted
  • Charlotte NC
  • Posts 4
  • Votes 3

Hey BP, my wife and I live in Charlotte NC and we are learning everything we can about real estate and the local market. Our interest began after reading Rich Dad Poor Dad a few months ago. We've since read the Beginner's Guide to REI, The Book on Rental Properties, and currently reading the Unofficial Guide to REI. Our short-term goal is to replace my wife's income with rental income so she can stay home with our kids in the future. Long term goal is get us both out of corporate world, doing real estate full time and maybe some other entrepreneurial ventures. We are currently in the process of saving for that first down-payment, which will take +/- a year to do (unless we can find a way to speed that up). Within that time, we want to meet local investors and learn what's working best in our market, and where.

About us: we met through instagram. We're 28 years old and will be married 5 years at the end of this month! I am originally from Folsom CA, she is from Mt Holly NJ. We both work in finance and love craft beer. We love to work as a team, and work hard.  Together we paid off all of our student loans and car loan ($85k) in 20 months, and we want to apply that same work ethic to real estate. We look forward to connecting with you all!