Carpenter Training then Auction

[Joseph Abbott]

Hello All,

   My name is Joseph. I'm originally from Detroit, MI. However, my family and I have moved to Tulsa, OK just for a fresh start. I'm looking to get started in Real Estate, but I'm having a difficult time figuring out which way to go. Wholesaling Real Estate has also crossed my mind. My other option is to attend school to get trained in carpentry, electrical, masonry, etc. A local school has those skills I can learn. However, its looking like I have to change my shift at my job. With those skills I learned, I would use them to rehab a property. Anything I can do on my own, I will. Seeing that I don't have much money and my credit is not the best to purchase a property, I am looking at the Wayne County Property Tax Auction. The plan is to save approx. $5,000.00 to purchase a property and rehab it bit by bit. Also, I still have to consider I have my Wife, 4 kids and one on the way when putting this plan together. Please let me know your thoughts. 

[Jamiel Strickland]

@Joseph Abbott 

You have to start first, you start off by yourself renovation properties, helping homeowners, making new friends, meeting powerful people in the city.

A year goes by, your adding people to your business to do work, now you have a team, saving money up, paying off debt, your business name is known a little in the area, you bought a few homes for cash flow, you met investors that can fund your ideas, your taking people out for dinner, your at the the REI groups branding your company

3 years in, Now people know you around the city, showing them you do good work, you paid off your debt, saved up some money for starting  a Real Estate Development Company, you met city officials and political people within the city, you get in the news papers, your active the in community, you have a full team that takes care of your contracting company, your making money from houses and the construction company, now you are working on developing blocks, doing big projects in the city and a real estate investor.

Now this can take less than 3 years but may take 5 years or more I don't know but what I am saying is with a plan to start, and starting TODAY as a carpenter gets you closer to your goals of being a developer and rebuilding neighborhoods.