How is the first quarter 2013 shaping up for you?
I had a good first quarter as far as appraisals are concerned. I am wrapping up my last appraisal for a while, a 180,000 square foot warehouse. Unfortunately the market for that type of property is pretty thin; however, things are very different when it comes to residential properties.
I am going to take a hiatus from appraising (bored with all the writing) and try my hand at rei investing full time, starting with wholesaling for a few aggressive rehabbers in my area. If I can get the deal flow cranking, I have big plans for after that (Justin Silverio feel free to ride my coattails ;))
So, I am curious, how is everyone's quarter shaping up? How many deals have you done? What trends are you seeing?
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Couldn't be happier our Q1 results.
We successfully raised $500k private money for our flips.
Expanded our network
Purchased 11 properties and sold 9
Started to develope a strategy to break into multifamily. In 2 weeks we start marketing and I have already started networking with brokers.
Next up:
I want to raise $3MM in private funding to acquire apartments (not exactly sure how to move forward with this one but have been spending a few nights a week networking in places I hope to meet them)
Glad to hear people are still doing well with supply tightening, and thanks to BP for the support!