New Member from IN.

New Member from IN.

Lagrange, IN · Member since 2015 · 8 posts · 0 votes

Hi all, 

First off I would like to say thank you! I've heard a LOT of good things about BP, and I'm excited to hit the ground running with my RE endeavors. That being said, I have some knowledge of the RE world, but not much.

I considered taking a job as a RE agent, however a few things ultimately stopped me from doing so:

1) The amount of start up capital needed (roughly $2,000) between licensing and fees, agency costs, etc. 

2) The market here in my neck of the woods is very limited. North east IN has a lot of auction listings, and most aren't done by the RE companies. So that hindered my idea quite a bit.

Ultimately, I'd like to stick with flips, or buy and holds, as I can do 90% of the work myself. If I can't, I have good friends who can. My biggest issue right now is figuring out HOW and WHAT to buy so I can flip for some small cash to get a base set. After a few flips, hopefully I'll have a knowledge base down, and I can turn it into a full time passive income. 

I enjoy my job, but the downtime is just so much that there's no reason why I shouldn't be doing something with it :) I appreciate everything you guys have offered thus far (from the small bit of reading I've done :P) and I look forward to learning everything I can, meeting new people, and finally starting this adventure! 

Thank you!

Mike

0Reply
9 views

3 Replies

Jump to latestLatest
  • Professional · Carlsbad, CA · Member since 2012 · 12k+ posts · 1k+ votes
    10y

    @Mike Ross

    Welcome to Bigger Pockets.

  • Investor · New York City, NY · Member since 2013 · 1k+ posts · 269 votes
    10y

    @Mike RossWelcome to BP !

    Tremendous amount of info here. 

    Best of luck in all your endeavors 

  • Lagrange, IN · Member since 2015 · 8 posts · 0 votes
    10y

    Thank you everyone! I'm trying my best to soak in as much as I can. Coming from a completely different area of expertise, it's hard to forget what I know and learn something new, but I'm certainly trying :) 

Join the conversationCreate a free account to reply, vote on answers and follow this thread.