In one of my very first posts titled I'm bored, I was explaining that I wanted to do something meaningful. I still have not come up with a better explanation of what "meaningful" would be, and I have not made real progress in achieving that, but I a working on it.

What I want to do is buy an income producing property (a multi-family house that is).
I have finished both books I was talking about earlier:
Matthew A. Martinez's "2 Years to a Million in Real Estate", and Larry B. Loftis's "Investing in Duplexes, Triplexes, and Qua...

Another goal is mine was to find a real estate investment club, which I did through Meetup.com. I went to one meeting. Shortly after, here's what the organizer had to say on the message board: (this is an exact copy-paste, I wouldn't want you to miss out on the typos and other spelling errors)

I would be remiss if I didn't let all of you who have been in the group but haven't been to a meeting ,and to those of you who have actually come to a meeting,which is the reason for joining
I think.This meeting has attracted such interest,that if you don't like (large groups,alot of very important information,possible media attention,or being confronted by such a great opportunity
that it jeopardizes your dearly held and highly prized"WANNABEE "status,PLEASE DON"T COME>
Space at this meeting is at a premium(voyeurs are not welcome).It will be agreat meeting for all who truly want to improve their life(welcome to those of you who fit this category).

Well, I'm sorry, but I didn't feel really welcome anymore. I don't know what or who he thinks he is. I though I was there to learn, and yes, for now I AM just a wannabee. This totally turned me off, and I haven't been to another meeting, and probably won't go to another one.

So now, I'm working "on my own" so to speak. I read tons of blogs. And, one of the steps I am taking is keeping track of the real estate market in our area. In order to do this I have come up with another spreadsheet (yes, yes, another one...), where I combine all the information about multi-family houses currently on the market. And here is a screenshot:


Step 1 - have all of debt (except mortgage). To that effect, we have come up with a Debt Repayment Plan
Step 2 - I don't really have a step 2 yet. But if I did, it would look something like: "Save up. Use some savings money to put down on a house". I have yet to redefine that one.

Well, here it is for my evil plan to go financially independent.

** Photo from flickr.com