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Updated over 9 years ago on . Most recent reply

User Stats

11
Posts
3
Votes
Ryan D'Amico
  • Flipper/Rehabber
  • East Hampton, CT
3
Votes |
11
Posts

UPDATE on my position in real estate investing

Ryan D'Amico
  • Flipper/Rehabber
  • East Hampton, CT
Posted
HI everyone! It's been a couple months since the last time I posted but no worries! I've been busting my *** day after day at my job trying to save money for the day I'm ready to go in on a single family. I've decided my best route is to flip single family's for a while until i have enough cash to purchase rentals and rent them out. I currently saving around 1250-1500 a month. My goal is to save up until I have 30k. My current job as an electrician was probably the best choice for me to ever make because my BOSS has a company for real estate investing where he flips homes. I am now with him working everyday after my day job learning investing strategies that he uses and succeeds with everytime he flips a house. I help choose a good deal and which ones are bad deals, I help strip the houses down and plan for staging and all new layouts. I'm excited to say everything is falling into place to make my goal of being a successful real estate investor come true. Not only is BP a big part of my drive to do real estate but my boss is actually a very big role model to me, he started when he was my age. So seeing how he has built his wealth from real estate and electrical I am very motivated see the possibilities of what I can acomplish! Well... Until my next update, I will be working hard for my first house! If you have any advice for me that can help me in any way on flipping single family's please share! God bless

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