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Updated over 4 years ago, 08/12/2020
New Active Investor in Richmond, VA
Hello, my name is Cheri Hewlett and am a newbie in the RE investing world. I am a CPA, active in the financial industry over 13 years and have decided to go head first into the real estate industry. I've done TONS of reading during this quarantine and have gone 2/3 through the CCIM courses to work towards my designation. My long term goal is MF (120 unit) but am planning to leverage the profit from a few SFH flips to build up capital. I am seeking somewhere around 60% ARV, 1200-1500 sq ft, primarily cosmetic repairs, 3/1+ in the Richmond Or Chesterfield area.
With that being said, I hoping to find recommendations on real estate attorneys in the area as well as any wholesalers. I feel I’ve been struck by analysis paralysis for the very few possibles I’ve come across. I’d like to know how you all dealt with your first few and how you were confident in needed repairs? Did you put in an offer and have the inspection after, or are you having contractors walk through with you prior to making an offer?
Greatly appreciated and happy to be here!
Kindly,
Cheri Hewlett, CPA