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Updated over 2 years ago on . Most recent reply

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Edward Messer
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Noob from Fort Wayne

Edward Messer
Posted

Just popping in to say Hi.  I've been interested in developing a portfolio to eventually include commercial.  I started with a flip last year that rewarded me handsomely.  This year I bought a rental house for my college-aged daughter and roommates which should cashflow  a couple hundred per month.  I'd love to get into a duplex-fourplex next, then onward and upward from there.  

Greetings from Fort Fun, IN. 

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Edward Messer
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Edward Messer
Replied

Thanks @Robin Simon  6 months is the timeframe I'm shooting for the purchase - and actually would prefer to close by the end of the year.  

I'm looking in my city for a property but am thinking I may need to look farther afield geographically, which is getting out of my comfort zone.  The couple I've seen so far - and this is just looking at Realtor.com or Zillow, are still obscenely overpriced.  But I realize I need to get out in the real world as many of the best deals are found through relationships, not by surfing the web.  

I'm grateful for BP so far as it has told me in black and white what I really already knew, but didn't consciously think of.  Mainly, have a plan and a team, and stop paralyzing myself by looking for the perfect deal on the internet.  

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