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Updated about 8 years ago on . Most recent reply
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starting out in Iowa
Hey everyone. I'm starting out in my local area looking to flip, buy and hold and BRRR. My goal starting out is to flip a couple houses to be able to raise capital to have a cushion for when I BRRR and buy and hold. I have very little saved up right now. My goal for this year is to have 1-2 multi- family units that I hold onto for passive income. I'm not only looking for investors but i'm also looking to network and build a team. Do I find an agent first, an attourney etc..?
Can i handle rehabbing? Probably. I'm pretty handy and I work in the electrical trade. I would probably hire out a bunch of the rehabbing work to save time on flips, especially if it needs a lot of work.
What has worked for some people and what hasn't? I'm interested in what everyone's input.
Thanks.
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Welcome! Glad to see more people in the Iowa City area getting on BP. I would enjoy chatting with another local investor and give you some great contacts I've made in the area. Let me know!