Greetings from Auburn Alabama.
My obsession began back in 1996 doing some remodeling jobs with my Dad, who was a carpenter/handyman for the property owners of several small houses.
Bought my first home as a fixer in 2005 for 60K and sold it two years later after diy reno for 112K.
Next home was bought as a foreclosure that just needed paint, a couple patches, and a good cleaning. Plan was to owner-occupy for 2 years and then sell. Would have been a great plan if we would have actually tried to sell at 2 years, because at year 3, things fell apart for our area. Now, we are landlords of that property with great tenants and slowly but surely improving values.
The goal is to acquire our next property, hopefully a flip, at the end of the year. So right now, I'm trying to save as much capital as possible, and absorb as much info as possible. Long term, I'm thinking a mix of rehabs and spec builds, but am open to a few rentals, depending on what the market dictates at the time.
Looking forward to participating with you all-
Welcome to BP and best of luck with your flip plans!
Hey Jimmie, I work with a wholesaler in auburn. If you would like to talk and see if we can help each other give me a shout. Oh are you related to Jeremy Dickey?
Daniel-That sounds great! I'll probably take you up on that as I move forward.
As far as family, all of mine is in Louisiana.
Welcome to BP!
Welcome to BP...
Now.. Make $$$
Hi Jimmie, and welcome to BP. I'm also in Auburn, and just bought my first rental. Would love to get with you and talk about real estate sometime. I'm looking for my second property, but need to short up my funds first, since the purchase of that rental depleted my bank account a bit!
Helen-Congrats on the first one! What a great area this is-Look forward to talking with you sometime!
Welcome to the Bigger Pockets community. It is a great place to learn about real estate.
Welcome @Jimmie Dickey . Also here in Auburn with a rental property in Montgomery.
Welcome to Bigger Pockets. Let us know if we can help you out in any way!
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you