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All Forum Posts by: Mark Baker

Mark Baker has started 1 posts and replied 8 times.

Post: Unsure on exactly how to get started

Mark BakerPosted
  • Rental Property Investor
  • Sneedville, TN
  • Posts 8
  • Votes 0

@Antonio Cucciniello do you care if I PM you?

Post: Unsure on exactly how to get started

Mark BakerPosted
  • Rental Property Investor
  • Sneedville, TN
  • Posts 8
  • Votes 0

@Antonio Cucciniello getting the down payment for the first house to get started.

Post: Unsure on exactly how to get started

Mark BakerPosted
  • Rental Property Investor
  • Sneedville, TN
  • Posts 8
  • Votes 0

@Antonio Cucciniello right now I would say financials. I've got amazing credit, and other than a car payment, no debt. So I've not made too many stupid decisions.

Post: Unsure on exactly how to get started

Mark BakerPosted
  • Rental Property Investor
  • Sneedville, TN
  • Posts 8
  • Votes 0

@Terrell Doyle I'm currently reading that book right now, about halfway through it. Very interesting stuff in there

Post: Unsure on exactly how to get started

Mark BakerPosted
  • Rental Property Investor
  • Sneedville, TN
  • Posts 8
  • Votes 0

@AJ H. I should add I've been listening to the real estate podcast for almost a year so I kinda know what I would like to do. Buy and hold is the goal. I would like to find value add properties and BRRR them so I use that momentum to get to my goal as quickly as possible. At first I'd like to focus on cash flow so my wife could quit her job and do what she wants.

Post: Unsure on exactly how to get started

Mark BakerPosted
  • Rental Property Investor
  • Sneedville, TN
  • Posts 8
  • Votes 0

@Wala Habiby that sounds great. Do you mind if I send a PM?

Post: Unsure on exactly how to get started

Mark BakerPosted
  • Rental Property Investor
  • Sneedville, TN
  • Posts 8
  • Votes 0

@Angel G. Thanks for taking the time to reply. I've been thinking about it for awhile. Ideally it would be buy and hold and what I would like is BRRRR, that way I could scale up to my goal as quickly as possible. But it would probably be smarter to cut my teeth on a few traditional rentals first. Ease into everything and once I get the hang of everything go full force.

Post: Unsure on exactly how to get started

Mark BakerPosted
  • Rental Property Investor
  • Sneedville, TN
  • Posts 8
  • Votes 0

Hello all,

Probably going to be a long winded post but bear with me. A little over a year ago I got fed up with my finances. My wife and I made decent money (about 70k take home) in a lpw cost of living area but were constantly close to 0 in our account. After finding Dave Ramsey and the Money Podcast and applying it we were able to save about 17k in one year.

In that time I became fascinated with the idea of freedom that real estate could provide. I don't necessarily hate but job but it doesn't really make me happy either. I currently work at a factory on nights doing a pitman schedule. My wife enjoys her job but would love to stay home and take care of our two kids. And I came to the realization a few days ago my inaction us stopping her from doing what she would love to do.

Which leads me to here. I live in east TN, in between the tri cities and Knoxville and would like to connect with some investors in this area and build some traction towards our goal of financial freedom. And I would like to repay the favors somehow.

Thanks for taking the time to read this.