“Happiness is only real when shared.” -Jon Krakauer, Into the Wild
My rock, my anchor, my source of happiness. All these things describe my beautiful wife as we began our tumultuous journey together. Below Peggy talks about her initial reaction to investing and how she grew into acceptance.
I never imagined I would be writing a post for a blog. Honestly, I don’t know if anyone out there will want to ‘listen’ to what I have to say. However, after receiving some encouragement from our friends, I hope to help others in our situation, who believe diving into investing is an overwhelming experience.
Adulthood is a funny thing. When I was in high school, I had a very clear vision of how my life was going to go and who I was going to be: I was going to become a Navy nurse and do humanitarian missions. I would get married and see the world with my husband and eventually have a ton of kids. I would also be an amazing photographer on the side and submit the occasional photo to National Geographic… Once I graduated college though, I began to realize just how fluid everything is. I am now married to a wonderful husband and we are slowly working on seeing the world. I am a Navy nurse, though I have not deployed yet; and photography is a casual hobby. Although I have a lot of growing to do, I have come a long way and certainly learned a lot in the process about myself, the world, and about how home is where your loved ones are.
I grew up in the Philadelphia suburb of West Chester with loving parents, Mary and Jim, two younger brothers, Tommy and Patrick, and our wonderful family dogs. My childhood home is a two-story colonial with a white fence and an American flag waving from the pole out front. My dad was an engineer for Naval Sea Systems Command- a government agency- and is now happily retired. My mom recently retired from the Navy Nurse Corps and currently works in nursing informatics. Early on, our parents taught us about saving money. We earned a small weekly allowance for completing chores, eventually opened savings accounts, and gradually learned some fiscal responsibility. Ultimately, my strategy with money was to budget, save, and spend wisely. This strategy has worked for my parents, as evidenced by my dad’s ability to retire in his fifties and by their waterfront vacation home in Brigantine, NJ. Why shouldn’t I do the same thing? This was my mindset before my husband caught on to real estate investing, and slowly, but surely, I am coming around to the idea that there may be some real potential for us in investing.
When Anthony first came to me with the idea of real estate investing, I perceived it as a form of escapism. Truly, my reaction was “you want to do what now?” At that time, he was part of a submarine crew that had a grueling hours and a toxic work environment. He first approached me with a copy of Rich Dad Poor Dad in October 2018. By Thanksgiving he was off that boat and on to a new command and things were looking up… By January we were preparing to close on a four-unit property in Portsmouth, Virginia. At that time, I was in complete denial about the whole thing, which made our move from our three bedroom, two and a half bath home in Virginia Beach to a cramped studio apartment even more difficult. I was still holding on to the idea that if we strayed from conservative budgeting we would be not only without money, but we could end up without a place to call home. It was a stressful time, and Anthony and I had put a ton of work into our Virginia Beach Home… that is not an easy thing to walk away from. I’ll let Anthony go into the details of all the work we put into our Virginia Beach home and the journey to get there. In the meantime though…
These tips below have allowed us to survive the stress of these first six tumultuous months in real estate investing:
This has been a journey. It has involved a lot of hard work, a few arguments, some crazy hours (including staying up until 2am to paint the rest of our house!), and an insane amount of patience (from both of us). It has helped us grow as a couple and taught us a lot of lessons very early on in our marriage. It has not been an easy journey, but as we continue to move forward with our lives and business, I am truly seeing how this will help us achieve our dreams. Thank you for sticking with me through this post…now go out and discover…what’s your dream?
Stay tuned for more blogs on networking, our first and second properties, my brief stint as a new construction developer and more! Please also feel free to contact us or mention in the comments topics that interest you!
Peggy Pinto is a Navy Nurse, wife to Anthony, a Submarine Lieutenant, and doggy-mom to a rescue, Rudy. Currently stationed in Norfolk, VA, she has stood by Anthony’s side as he grows, learns and acquires property as a real estate investor. Since acquiring 8 units in three months, Anthony has expanded into apartment building investments, utilizing Michael Blank’s Ultimate Guide to Building Apartment Buildings with Private Money course. Their company, Pinto Capital Investments, focuses on the Kansas City, North Carolina Triad (Charlotte, Greensboro, Raleigh), Hampton Roads and Philadelphia markets.
If you want to know about getting started with Real Estate investing, how to transition into apartment investing, or how to become a passive investor, check us out at pintocapitalinvestments.com or contact us at firstname.lastname@example.org, at Facebook or ADPI’s #StartTheSpark.