All Forum Posts by: Thomas Connolly

Thank you everyone for the kind responses!  While I'm recovering from ankle surgery (no walking for the next week) this has been an awesome resource to dive into. Appreciate the insight!  Looking forward to connecting with some of you locally whether that be in the northwest Chicago burbs or Milwaukee!

Welcome John! I also am new. Would love to connect and share info. I am doing a lot of research and hope to buy my first rental property before Spring in the northwest suburbs! BP is awesome so far. I'm also looking at local REI groups to attend as well.

Hi All,

My name is Tom Connolly, and I live in the northwest suburbs of Chicago, about equidistant from Chicago & Milwaukee.  

I am employed full time in software sales, and my wife is full time employed in Digital Marketing. 

We are interested in beginning a real estate career as a part time job.  I am working on putting together a business plan now, and the reason why we would like to invest, is to at some point have complete financial freedom by owning our own business.  

Goal/Vision (currently) - Knowing this may shift as I get more into the real estate community:

1) Find great mentors! Continue to read and self-educated on real estate investing

2) Buy first property by April 2017

3) Build a plan to acquire and rent 50 rental properties comprised of Town homes, Single Family Homes, and possible Duplex-Quadplex properties

3) Start soon, start small - I understand all of the 'tools' in real estate investing, and I am trying to not boil the ocean.  I'd like to get very good at buy/hold, and expand when I feel more comfortable with other strategies such as commercial renting, wholesaling, etc.

Excited to connect with anyone on the forum, especially those located near Chicago IL & Milwaukee WI for advice.  I'm not sure what benefit I can contribute initially, but I'll find a way.  Big believer in Karma & Paying it forward!

Cheers!
Tom Connolly