Updated almost 9 years ago on . Most recent reply
New REI in Chandler AZ
Hello all, I'm Erik. I'm from Chandler AZ, father to one nearly 5 year old girl that I felt my daily IT 12-14 hours days was robbing her of needed father and family time. My wife is a IT manager still putting in 12'+ and I left my final IT job back in August of last year. I took some time and went to Europe (thanks Octoberfest!) for a couple of weeks to try to do a IT cleanse, which didn't work. I came back and every time I applied for an IT job I hated the idea of going back to it. At the beginning of February I started the processes of getting a HELOC on our house we paid off in a little under 7 years and setting up my LLC in order to start doing flips. This all should come to fruition in the next week or two. BP has been a very large driving factor in my move to REI. I've read the Flip and Est. Rehab books and the Tax strategy books cover to cover, and I have not fully read any book in the last 22 years haha, but these I have.
I have a realtor that I've worked with for nearly 10 years up here (I say up here as I lived in Tucson for 28 years prior to PHX), he's helpful kind of but not really helping me at this point, can't totally blame him as my money still isn't lined up. As I've started taking deeper looks around the PHX area I'm realizing there isn't many properties which would put a small damper on things but I'm only looking to flip 3 or 4 houses this year and solidify a 4 plex for cash flow. Maybe even a couple.
The plan currently is to clear about 1/2 what I was making in my IT slavery and have fun while learning something new. I'm trying to build out my team, using contractors I've worked with on my own remodel of that house we paid off and looking for contacts to speak to/work with in the Phoenix area. I really want to build my wealth and have fun doing it.