All Forum Posts by: Yong Jin Lee

Thank you all for your response to my thread! My investment goal is to build enough passive income so I can support my family even if I lose a job. My current goal is to achieve a cash flow equivalent to my current annual salary in the next 10 years. I am still learning about real estate investing, so my goal and plan should change as I gain more knowledge.  I am currently storing my assets mostly in cash, stocks, and bonds. I am about to redistribute those in next two years or so to real estate.  

For the question of my risk tolerance is that I don't think there wouldn't be any huge gain without any risk, but also, the risks can be moderately mitigated if the analysis is done right. 

Hello, I am living in Northern Virginia, close to Washington D.C.  I am looking to invest in my area as I feel more comfortable being around my investment and would like to drive around the neighborhood.

I joined BiggerPocket while reading Rental Properting Investing from Brandon Turner. I wanted to get wisdom from more experienced investors by reading their posts in the forum and getting more information. 

Fun fact: I am a Data Engineer. While I am going through how to analyze the property, it seems like as long as there are some data I could utilize, I would be able to implement Machine Learning to automate my analysis to some degree. So I am pretty excited about that. 

It is my pleasure to meet you all!