Hello, BP members! I'm happy to be here and look forward to making connections and sharing resources. I'm relatively new to real estate investing, having had two bad experiences and laid it aside for several years. My husband and I are ready to get back into the game, so to speak, and get the ball rolling.
My hat is off to you and your husband @Jennifer Landeche ! That kind of first experience is the kind of thing that will make you take a step back and regroup. The key is to get back in the saddle again and hold on for the ride. It takes persistence and determination to get past some of the hurdles you come across in this business. I'm in it for the long run and if ever there's anything I might be able help with from a few miles down the road here, feel free to reach out. With today's technology, we are practically next door neighbors! :-)
Thank you @Robert Leonard . I really appreciate it and I will definitely take you up on that should the need arise. We hope to be in it for the long haul, as well. We've said for years that we should be investing in Real Estate, but it has taken those years to finally make the commitment to jump back in.
Welcome to BP, and you will find the right tools to succeed from BP!
Thank you, @Kurt Brumfield
Welcome to BP @Jennifer Landeche ! This is a great place to learn and network. Also check out the NOREIA meetings. If there is anything I can do to help let me know!
Thank you, @Braden Smith ! I did see NOREIA and my husband and I are planning on going to the meeting this month. I look forward to meeting you there.
@Robert Leonard , I'm going to the seminar in Baton Rouge this weekend and I saw you in the confirmation email this morning. It looks like we'll get a chance to meet in person.
Hello, my name is Jacob May, haven't currently invested in any property yet, still trying to get off of some debt, but I have been listening to real estate books on the rode to work to and from every morning. Nice to meet you all.
Yep @Jennifer Landeche , I'll be there for the weekend. I don't know if you saw the schedule, but it's going to be a couple of long days. So I expect to learn a lot!
Jennifer, welcome to BP. I'll see you tomorrow!
Take action and I'll see you at the top!
Nice to meet you, @Jacob May and @Brandon Johnson ! @Robert Leonard , I did see the schedule and those will definitely be long days! I also am looking forward to learning a lot and getting the opportunity to meet and problem-solve with other investors. Aside from reading blogs and books and listening to podcasts, this will be our first real step back into real estate investing and I'm excited to be there.
Welcome @Jennifer Landeche what exit strategy are you and your husband going to be focusing on?
@Justin Pillion , I want to buy and hold, my husband wants to flip. Most likely, we'll do both. The tentative plan is to buy properties needing mostly cosmetic work with the intention to hold, thus generating an income stream, while we grow a team of contractors and experience that will allow us to fix and flip profitably. At that point, we'll have a better idea of what to hold and what to flip and how where we want to devote our resources. Wholesaling isn't off the table, but we need experience. My husband, Steve Landeche, is a Realtor and has clients who are investors.
That sounds like a very conservative plan. Perhaps your husband has connections with his business that you two can partner on some deals until you build a stronger network.
You are correct on both counts. We jumped in once before and got burned. I want to be in this for the long haul, so I'm starting with a conservative plan. Who knows? Once we get in, we may find we are well suited to this and ramp that plan up. For now, I'm going to assume a steep learning curve. And we do have investors looking to work with us. I esteem them highly and want to make sure we provide a solid value on our end.
Welcome to BP Jennifer! I hope to see you around at the BR and NO REIA meetings.
Thank you @Joe Lane! I look forward to meeting you as well.
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