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Travis Benham
  • Software developer
  • Mustang, OK
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Am I going too fast?

Travis Benham
  • Software developer
  • Mustang, OK
Posted Oct 7 2015, 14:04

I spent the weekend going through listings in what I call "practice" to see if I can find deals. I believe I have found 3-4 great deals, some rentals and some for a quick flip.

I am eyeballing one property in particular, a tiny TINY house that needs major repair but will only cost me $5k-$10k to buy and probably another $5k to rehab.  I expect a $5k-$10k profit.

Am I going too fast?  I have no attorney, accountant, or "team" setup yet.  I have a few local investor contacts giving me positive feedback, and I'm working with a realtor that someone referred me to.  I am incredibly green but maybe that's normal?  Should I take my foot off the accelerator?

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