Real Estate Experience

Nine years ago I decided to buy the most run down home on the street, live in it, remodel it and then rent it out. Everyone told me I was crazy and it would not work, I think I proved them wrong. Since then I have done the same thing 7 times and each deal brings me about 90k after all final cost of each sale. I now have 2 rentals left and have practiced the 2 of the past 5 year rule which has worked well. Only paid Cap Gains on 1 place and still walked with 120k.
Hold my RE license in Maryland and Colorado for my own investment purposes, do not want to be the full time agent type. I have learned a lot with the license and the MLS access is great to have.

Real Estate Goals

Moving forward building homes 1 a year and wait for the cherry picked deals. Rather do 1 deal per year with a larger ROI than spin wheels for 20 deals a year with the same ROI. Keep building a network of contacts never know who will call you with a deal...

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About Me Age & gender: 37 / Male Status: Part-Time Investor Website: Investing focus: Buy & Hold (Landlord) Real estate deals: 8 Complete / 3 Active

Statistics Began investing: January 1999 Member since: January 13, 2008 Last active: 3 months ago Profile views: 481 Forum posts: 0 posts Influence: 0

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Colleagues (6)

Drew M. Real Estate Investor

India E. Real Estate Investor

Dan B. Real Estate Investor

Joshua D. BiggerPockets Founder

NREES Real Estate Investor

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