All Forum Posts by: William Roberts

Hi Jessica,
LOL..actually I meant to say I had listened up to Podcast #23! It would be one boring podcast if I was the guest. Just crickets...:) Currently, I am looking towards buy and hold. I am not opposed to flipping, but I need to educate myself on the tax implications first. I would love to hear about your guest cottage and how that has worked out. I have thought about something similar. Do you work with Investors?

Quote from @Samuel Diouf:

Hey William,

Have you thought about investing long distance in the Ohio market? I am originally from Pensacola, FL and moved to Columbus, OH. I moved due to the city being the one of the fastest growing markets in the U.S. There is an abundance of opportunity here for reasons such as Intel, Google, and Amazon investing billions of dollars into the market and plenty of other business moving here for the rising economy.

Thank you Raymond. Pleasure to meet you. Life is family to me. God has blessed me more than I deserve.

Quote from @Villy Ellinger:

Welcome to BP! Sounds like you got a great plan in the works. Best of luck! The Emerald Coast is a great area to invest and to live :-)!

Thank you Villy! Been here since 1973. A lot has changed, but I'm here to the end...:) Reading your bio, I feel that I may want to keep your info handy. 

Hello one and all,

Bill Roberts here. I just passed my 60th birthday and have entered "Reinvention" (definitely not retirement). I owned a small chain of successful automotive collision businesses ($4+ Million annually) and sold to a much larger chain in 2022. I retained the property on two of the locations, which I leased back to the new collision business under a Triple Net Lease with approximately $4500 -5000 cash flow monthly on each location. So I am not completely new to RE. After all, I am pretty sure that I have lived in a house all my life. Well, except that one homeless period enjoying a nasty winter sleeping in my truck in Cleveland, Ohio after college).

My plan for 2024, is to continue to deep dive into RE education, assemble a strong team (90% there already -Banker, CPA, Attorney, and Realtor at the ready). I have started the coursework for my Agents License (for access and to speed up the process). I have a large enough cash reserve to start deals now. However, as you know from Rich Dad Poor Dad (everyone has read that, I'm sure), to be successful you need the Three E's - Education, Experience, and Excess Capital. So 2024 is my practice year, for the most part. Oh, did I mention, that I am on Biggerpocket Podcast #23 and I found Biggerpocket after reading The Book on Rental Property Investing by Mr. Brandon Turner? My goal is to purchase one multi-family or SFR before years end. 2025 and beyond? Develop the business aspects and scale growth as the market will allow.

I do feel that I have pretty strong business skills and acumen coupled with a strong guerilla marketing basis (Build a better mousetrap and tell everyone about it...including the mice). I love to build, test, and shrink processes in business. BIG fan of the Theory of Constraints!

Live on a farm. Grow and raise a lot of our own food. Been in martial arts since I was twelve and still attend Ju Jitsu weekly. Wife has a masters in engineering, son is a junior at Florida State University studying to be a Material Chemist, and our daughter is sixteen in attending college full-time. That's right - I am the dumb one in the house.

Looking for like minded individuals to share this journey with. Peace...