I started investing in RE in mid '07, fortunately I started off slow (only 1 deal in the first year) and found BP quickly. Since then I have been rehabbing SFRs and reselling or keeping as rentals. I still work a day job as a mechanical design engineer and am continuing to look for additional streams of income.
I'm married with a 6 year old, 4 year old, and a 2 year old.
I have purchased 2 building lots way back in the 90s and then nothing till '07 then 3 REOs, 2 HUD, 3 estate, and 2 short sale. I have never paid a penny to a guru but have gained all my knowledge from BP and from doing it. I hate to lose money so I learn my lessons pretty quickly.
Source of primary income in 2 years (2013). Create a work environment that is more condusive to family life. I don't mind working a lot just not always in a rigid 9-5 schedule.
Single Family homes in strong stable areas to flip or keep as rentals. Particularly interested in homes that have room to build on/up or locations that are prime for infill building.
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Micah - I wanted to wish you a Happy Birthday from the BiggerPockets family, and thought I'd also welcome you to the site. See you around! 03:20AM on January 16, 2008 · Joshua Dorkin |
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