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Updated about 5 years ago on . Most recent reply

User Stats

12
Posts
4
Votes
Cory Remekun
  • New to Real Estate
  • Saint Louis
4
Votes |
12
Posts

I'm learning I am more of an ACTIONABLE person

Cory Remekun
  • New to Real Estate
  • Saint Louis
Posted

Was anybody else angry after reading Rich Dad, Poor Dad? Lol I wished I got a hold of it sooner! About a year ago I found I have a love of books, and I haven't stopped ever since. In the back of my mind I always knew there was a different way to treat finances and navigate through life and eventually reach financial freedom. I grew up in a check to check, jelly toast for dinner type of household. I currently don't have any properties, but I'm working to learn more everyday. My excitement to get started lead me to reach out to people prematurely with no real plan (I hate when people waste my time too). I've since created a business plan and continue to learn each day. I'd like to invest in single or multi family homes to rent out. Minor rehab would be preferable as well. 

What has lead me to discover that I like to get things done is that I am currently living in France as a professional basketball player. This means I sign a new contract each year between seasons, and I do not receive a W2. I'm not sure how easy it will be to get lending without having the normal documents and proof of employment if between seasons. Being in Europe doesn't make this easy at all, but if something is too easy it probably isn't worth it. So should I wait to network with people until I get back to America in May or June or continue reaching out online but with a more direct plan? 

Also, if anybody has any advice for me about a SFH in Conway, Arkansas I'd appreciate it. A family member owns this property with no mortgage, and it's near a college. I think it could be a good opportunity to get started. I've seen Conway grow a ton over the years, but I am not totally sure about the real estate market. My original target markets were Saint Louis, MO and the Dallas area, but I am willing to adapt.

Thanks!

Most Popular Reply

User Stats

123
Posts
101
Votes
Ray Fisher
  • Rental Property Investor
  • Higginson, AR
101
Votes |
123
Posts
Ray Fisher
  • Rental Property Investor
  • Higginson, AR
Replied

We have a small house in the lake Conway area, Listed it Friday and rented Tuesday. I think Conway is a good market. for rentals.
3 colleges represented in Conway!

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