Philadelphia, Pennsylvania
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Currently interested in purchasing more REO's, perhaps in bulk sales, and also in learning more about lease options.
I have done a number of refis, flips for cash, I have had a few rentals. I just did my first REO purchase in October and results look promising.
In addition to investing in property, I own a remodeling company. This lends business experience and a lot of experience looking at houses.
For fun = fly fishing and motorcycling, also great food.
I started with refinancing equity to get into a few fix and flips for cash in 2000.
I then purchased 2 rental properties to hold. I still own these 2 properties.
Recently I purchased a prop in REO which I repaired. I have this property listed for sale. Meanwhile I have it rented with fantastic cash flow. .
My immediate personal RE goal is to sell the REO to get into more of the same, or to get into some lease option deals.
In the next 2-3 years I would like to get out of landlording by purchasing some commercial or mixed use property for which I can hire managers.
I am interested in reaching outside of my current location, perhaps up or down the East Coast.
I am very interested in forming an investment team to achieve these goals.
All of this can coordinate nicely with my remodeling and building experience, and the team I have there.
| Began Investing | December 2000 |
| Member Since | November 23, 2008 |
| Website | www.myersconstructs.com |
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