Updated almost 9 years ago on . Most recent reply
Newbie from Little Rock,AR
Hey guys. My name is Courtney Michael. I'm excited to get started in real estate. I'm brand new and ready to purchase my first single family property. I'm married with 3 beautiful children and am currently in Outside Sales for a Manufacturers Rep firm. The only experience I have in real estate is the construction of real estate! I would love to turn some properties in the central Arkansas area into some positive cash flow and build my investment portfolio. I just don't want to stumble on this first deal. Looking forward to getting to know some of you!
Most Popular Reply
@Courtney Michael I'm somewhat in the same boat as @Janet Voss as I live in California but invest in central Arkansas. I don't think you'll have issue finding cash-flow. However, my experience has been that Little Rock (and the surrounding suburbs) are really hit-and-miss on a neighborhood level. Properties that look good in the pictures and on a listing don't seem nearly as appealing when you're driving around the neighborhood. You'll also hit pockets in the suburbs where there's no chance for near-term gentrification but it's easier (more profitable) to put in a new build just a mile away. So, if I were in your shoes, I'd set your priorities up front (there's no right on wrong in your personal priorities) and stick to them. When you're chasing cash-flow there are so many options that you can find yourself distracted in a hurry if you don't fence yourself in my geography, neighborhood quality, population size, etc. Otherwise you'll be driving north passing Russellville to look at a deal or driving south to take a peak at something on the southern end of Pine Bluff.