Motivated Newbie! Calling those who love to guide & mentor :)

[Amber Cerone]

Hi everyone! My husband and I reside in Massachusetts, on the South Shore, and we are setting up our new REI business! We currently run a successful dog daycare company and I work a full time corporate job. It's time to diversify and I am DONE with my corporate job so our first goal is to finance my exit with REI.

I am currently devouring anything and everything I can get my hands on to learn the lingo, the process, the industry, and the experts. I want to show a profit by the end of this year and want to make connections that will help me get there without having to make massive mistakes that others have lived and learned through. 

Based on our finances and risk tolerance I'm thinking of starting with flipping as my first focus, and maybe dip my toe into the water of long term rentals and see how we like it. I understand the responsibility that comes with being a landlord so I'm still on the fence about that. But the idea of bargain hunting and making a profit is right up my alley, which is why I'm leaning toward flipping. I really want to understand the many financing options, pros & cons of each, what makes sense for what, etc. 

I would love to connect with anyone and everyone who is willing - and enjoys - to share their expertise, mentor, provide direction, etc. I also want to start building out my power team: I do have a realtor that I am going to connect with, but would love to build relationships with realtors who specialize in these types of properties. I also have a contractor but would like to have other connections in that space because I believe in multiple perspectives. Lenders, investors, folks who have been successful in this space...please reach out and connect. 

It's nerve-racking to put this out there and I feel like a small fish in a big pond, but I am determined to look back and be like "remember how it felt as a newbie and now you're a multi-millionaire??". I'm so excited for this new chapter, and can't wait to make some new business friends!