My Beginning in REI

[Tony Whitaker]

Well here we are. I have been all over the place in my head, forums and general google search, and it is time to put something to work. I am the normal paralysis by analysis kind of person. I have a lot going on, possibly finding a partner to buy a manufacturing company, I have an online business I am starting to work on again, and also REI.

I am open to trying many things in REI but hopefully will find my niche, I am looking in the Midland, TX (work here) area because it is a better market than the small town I live in (commute from). At the same time I would like to see my small community do a little better, so I am considering buying in my town of 600 people. It is possible I could never sell a house in this town but I think long term buy and holds could be fruitful on a small scale. Positives in the town are great school, quiet and a lot of opportunity to improve the town through real estate and maybe a couple of small businesses.

I want to mark my journey here and try to post daily regardless if I do anything or not, so if I do nothing I put it out to you guys and maybe I get motivated. Thank you for reading.

[Jason D.]

Conventional lenders generally don't like fixers so make sure you have financing lined up so you aren't caught off guard. Make sure you run the numbers but it sounds like it could be a nice first investment.