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All Forum Posts by: Robert McConnell

Robert McConnell has started 1 posts and replied 1 times.

Post: Wanting to become a buy and hold investor full time

Robert McConnellPosted
  • Investor
  • Lafayette, IN
  • Posts 1
  • Votes 0

After graduating from Purdue in 2012 I immediately started working full time as an Automation Engineer. When I was relocated from Ohio back to Indiana I was given a moving bonus. I used this moving moving bonus along with other funds to put a down payment on my first rental property. The property has positive cash flow and I've little to no problems with the tenants.

I've been looking mostly in starter family cookie cutter neighborhoods for the next rental purchase. Preferably 3bd 2 ba. I am considering doing a flip to generate some cash to help buy the second rental property. I've never done a flip before so I know little to nothing about the process. Not even sure if this is a good time to flip.

My goal is achieve financial freedom before I am 40. Which gives me 15 years.