Margaret J.
Glendale, Arizona
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I'm relatively new to Real Estate and bought my first investment property in November 2009. It was supposed to be a Fix N Flip, which after losing a sale to a low FHA Appraisal, turned into a rental.
I have already started on my second Flip which I know will do better, and this just went on the market early Jan. 2011. Well, you gotta start somewhere, right?
Update on this property, I thought I did everything right....4 bd/2 ba ....good neighborhood. My ARV appraisal was $178K.
Finally got it under contract again In August for $113K. Still making a profit! What a long wait this has been!
During the week I am the purchasing agent for a company that makes promotional products.
In my spare time I play flute with local community groups and occasionally ride my bike.
Experience
I've been studying the real estate market and taking classes since the summer of 2009.
I've gained a lot of knowledge, but there's always more to learn. It still gets me excited.
Real Estate Goals
After a few Fix N Flips I want to work on purchasing more to hold for income.
The goal would be...flip one, hold one, flip one, hold one.
Awards
About Me
| Began Investing | November 2009 |
| Member Since | September 06, 2009 |
| Website | sonoranvalley.net/ |
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