All Forum Posts by: Robert Naini

Taking Action is the most important part of investing.

You are thinking in the right direction that making a decision on the timing of your investment and the market you invest in is your first action.

My first property was a house hack - I bought a three bedroom house, lived in the master bedroom, and rented out two rooms for $600/month all bills paid. The rents went directly to a bank account I set up for that property and was more than my mortgage. I also contributed $600 per month (essentially "my rent") to that operating account. Using this method I was able to build an operating fund for that property, to cover expenses, repairs, maintenance, etc. 

I highly recommend house hacking as your first investment.

Hi, my name is Robert Naini, I'm new to BiggerPockets, thanks to the BP videos on YouTube, and recently moved to Crestview, FL (about 25 miles north of Fort Walton Beach, FL and 40 miles north of Destin, FL).

We own 6 rentals - two in the Florida Panhandle (SFH in Crestview, SFH in DeFuniak Springs), and four in the Dallas/Fort Worth metro (Arlington, Cleburne, Lake Worth and East Dallas).

I house-hacked my first purchase in 2005 by renting out two rooms and it covered most of the bills, I had never heard of house hacking before - it just made sense to me. (A few years later, after I moved out, my renters burned the house down, the week I was signing refinancing paperwork - insurance disaster, but that's a story for another time.)

My next purchase was a friend of a friend and the owners just wanted to get back what they bought the house for... in 1954. Yes, please.

I have believed in real estate for a long time, but thought the building process had to be slow... I'm learning you can go at any speed you want.

We have bought 3 of our properties in the last year and are working on a few more deals.

I have a team in Arlington, TX (Dallas/Ft. Worth metro) and I am building my team in northwest Florida.

I am interested in single-family and multi-family rentals, as well as looking forward to my first flip.

My goal is to build $10,000 per month passive income through rentals.

...Oh yeah, I have a mechanical engineering degree and MBA, and I run my training & consulting business full-time.