Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 8 months ago on . Most recent reply

User Stats

16
Posts
11
Votes
Denise MacDonald
  • Flipper/Rehabber
11
Votes |
16
Posts

Two Driven Women on a mission to build a real estate empire! Guidance appreciated!

Denise MacDonald
  • Flipper/Rehabber
Posted
Hello BiggerPockets Community!

We are two business women single moms, Denise and Joanna. We are so happy to have found this community !  We're keen to get into the real estate investment realm with a shared goal: to provide for our kids. With our backgrounds in interior design, business development, building brands from the ground up, property management, marketing, and creative direction, we bring a unique set of skills to the table. Over the years, we have both renovated and flipped homes, though primarily for others. Now, we are eager to leverage our expertise for our own venture. 

What we are looking for:

To invest in both the BRRRR method/flipping properties and buy-and-hold properties. Saying that, we are only interested in buy-and-hold investments that offer positive cash flow upon purchase and some minor non-structural reno's.  Our preference is to start with smaller investments and build from there.

What we would like guidance on:
1)   We are looking for a seasoned investor and/or expert to advise on cities and/or neighbourhoods prime for investing RIGHT NOW. Up until now, we have focused on Miami but are open to other parts of Florida, NY, Texas or Washington. If there are specific areas in these states you all would recommend or other areas in the States worth exploring, please let us know! We are here to learn and get as much info as possible to make great choices. We will be absentee investor/owners but of course will travel to the markets when necessary.

2) We are particularly interested in C-grade homes/condos located in B-grade neighbourhoods. What are the best essential resources? We are looking for reliable sites and resources that can assist us in finding these properties. Some of the platforms we are considering include Foreclosure.com, Propstream and of course BiggerPockets. Is there one that is better than the other? We realize also that some are on MLS, some are not, some properties are direct from seller, etc. Locating properties has been the tricky part for us to navigate (tax deeds, auctions, foreclosures, reliable wholesalers, vacant properties, etc).
3) As we embark on this journey, we are also looking for mentors who can guide us through the complexities of property investment deals. 

We plan to do this full time and are committed to generating a real estate empire! We really look forward to connecting with like-minded individuals and organizations who share our vision!

Thanks in advance for your guidance!
Denise & Joanna

Most Popular Reply

User Stats

8,754
Posts
5,378
Votes
Drew Sygit
#2 Managing Your Property Contributor
  • Property Manager
  • Royal Oak, MI
5,378
Votes |
8,754
Posts
Drew Sygit
#2 Managing Your Property Contributor
  • Property Manager
  • Royal Oak, MI
Replied

@Denise MacDonald you may want to look into Detroit - which beat Miami last year for appreciation:)

PM us if you'd like to know more...

business profile image
Logical Property Management.
5.0 stars
1 Review

Loading replies...