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All Forum Posts by: Marty Anderson

Marty Anderson has started 1 posts and replied 2 times.

Thanks everybody for the warm welcome and words of encouragement.  I'm more fired up than ever to get things moving!

@Joshua Martin I'm definitely open to Riverwest and other areas once for future deals, but for my first deal I am looking more for the experience and an area that I want to live rather than higher returns.

@Marcus Auerbach Even though I may not need to put that little down, it is an excellent option to keep capital free, and it was a huge draw to the house hacking strategy.  I appreciate the insight to the obstacles you mentioned.  I'm ready to crush obstacle #1, and look forward to taking on what comes next. 

@Pat Parrillo Thanks for the meetup recommendations.  I knew about Brew City, but I'm excited to check out the other two as well.  I do plan on self-managing to gain experience, but have an end goal of moving towards property management, so I always run the numbers conservatively based on this awesome guide from J Scott:

https://www.biggerpockets.com/renewsblog/2010/06/3...

@Svetlana Foley Thanks for the recommendation, I'll definitely be reaching out to Michael. 

Hello Biggerpockets Community!

My name is Marty Anderson, and as the title suggests, I am a newbie from Milwaukee looking to break into REI. I am new to the forums, but have been educating myself through the BP podcasts, the forums, and books. However it I have recently adopted the "imperfect action is better than perfect planning" mindset, so no more lurking. I am finally excited to start connecting with all the bright minds in this community!

A bit about myself: I am 27 years old and have a Bachelors Degree in Biomedical Engineering. I am currently earning steady W2 income through my engineering career and try to live below my means while still enjoying life. I was born and raised in the mid-west, but have lived in SoCal for a year, so I'm grateful to be starting my REI career in a less aggressive market. I enjoy reading, learning, live music, and great conversation.

My first REI goal is to use house hacking to purchase a small multi-family property in the East Side, Lower East Side, or Bay View neighborhoods of Milwaukee. I am realistic about prices in these neighborhoods, but still desire a minimum of $100 in cash flow per unit when I eventually move out. I am looking to achieve this by 31 MAR 2017.

I look forward to connecting and interacting with this fantastic community in the forums and through local meetups.  See you