i took an early retirement after 25+ years in sales and marketing for a Fortune 500 company. I recently received my Florida real estate sales associates license, which I hope will be useful as an investor.
I am located in South Florida (Ft. Lauderdale area) and I have been a commercial real estate investor since 2005 with properties located outside of Florida. However, I am interested in diversifying my real estate investments into residential buy and flip. My goal initially is to turn about 5-6 properties annually. Since residential investing is new to my real estate experiences, I want to learn more about the following:
- Financing options for investors beyond traditional bank lending.
- Sources to find great residential investment properties
- Recommendations on building the right team of partners to engage in the flip process
Hey @Carol AldridgeGlover , welcome to BP and the Florida investing community!
Congratulations on your early retirement. It sounds like you have an excellent foundation to achieve your goals of residential investment.
Given your interests, I would strongly recommend these two books:
He digs into creative financing options and myriad ways to find great deals.
@J Scott's books: http://get.biggerpockets.com/flippingbook/
He expounds on everything you need to know about flipping houses, including how to build a great team.
Here are a few more tips to help you get the most out of BP:
Start here. You'll get a wealth of REI knowledge and learn how to take full advantage of Bigger Pockets (including how to connect with other South Florida investors).
I'm an active investor and agent up in Orlando, but have a partner in West Palm with whom I am actively looking at South Florida properties, so feel free to reach out anytime.
I wish you all the best Carol!
Hello @Carol AldridgeGlover
Great to have you here on BP and in South Florida. I'm an agent investor myself and I recently moved to the Ft. Lauderdale area. I'm currently looking for local offline meetups/opportunities for networking in real estate investing here in South Florida. If I find any that I think are good I will send you a PM.
Much success to you!
Welcome to Bigger Pockets.
Welcome to Bigger Pockets community. Be sure to check out “Learn” for all kinds of useful resources and free how to guides.
Thank you all for your responses to my joining bigger pockets. So sorry it has taken me so very long to respond. I joined the sight and really didn’t use it for the last 4 years. However, this year I am getting back on track to diversify my real estate holdings. My focus currently is on education and identifying locations in Florida that have the best values for real estate investors. I am located in South Florida, where real estate is grossly over priced based on my observations.
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