Harrisburg Investor, Cofounder of Home Equity Investments, LLC.

[Shaneil Johnson]

My name is Shaneil Johnson, 21 from Harrisburg PA. Former collegiate football player and college dropout. Studied Accounting at Albright College located in Reading, PA. I am a father of a 7 month old boy. While working night stock at Lowe’s, I began to become interested in Real Estate. To make a long story short, I would like to show my progress and then gain advice on personal conflict and maneuvers I can make to have this endeavor become prosperous.

My partner and I, currently cofound Home Equity Investments, LLC. We look to take advantage of all Real Estate strategies. Being 21, with not much income, we are saving money as well as are on the brinks of having that 700 credit score to allow us to do some deals no money down. We've considered giving ROI for an investor who could just help us with their credit score. We swayed away from that idea and have been progressively building up the foundation of our marketing to wholesale. Our parameters are world wide using the Skelton of 3/2. $50k-100k. FSBO tactics for single family homes. We look to marginalize profit for assignment fees but having ARVs, be double the listing price. To market this strategy, we've began a mailing campaign from filtered leads from Melissa Data Feed. We also are building a website using proven search engine optimization to generate leads worldwide to take leads to a landing page where they can contact our google voice number or business email. We've also looked into email marketing and then Facebook ads. First dilemma.

Is the time and money worth all of this work just for single family homes, or should we work more so on multi family units? Next question, can we wholesale multi family units? We still do not have the capital and we are just starting on the previously spoken about wholesaling idea to build capital. Any intake on these questions would be great. Even knowing if we should just find a 3p to help us fund a 3p would be appreciated also.

The beginning business plan was to wholesale for capital. Once enough capital was gained, specialize in Fix n flips, (I realized the time margin for profit is not worth it), then once more money was then generated buy n hold multi family units. My current lease will be up in a year, and I’m considering house jacking a multi unit, and renting it out and living in one unit. Once that property is paid in full and renovated make it my first project. I have a lot of good ideas just need some guidance. Any response would be appreciated. I am beyond passionate and ambitious on this matter.