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Updated almost 11 years ago on . Most recent reply
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New Investor from Orlando, Florida
Hi there. My name is Sam Abbitt, and I have recently decided that I want to build a real estate business in order to diversify my assets, build wealth, and establish reliable passive income for my family. I am a lifelong entrepreneur, but my primary business is an obstacle course race event series I founded in 2011 called Savage Race. Because of my position with Savage Race, investing in real estate will be a nights-and-weekends endeavor.
I think that Real Estate investing will be a good fit for me. I choose this business because it excited me, but also because it matches up with my skill sets nicely. I am an experienced project manager, negotiator, marketer, and also hold a Florida GC license. I am starting this business with an old friend who I trust very much and who also happens to be a CPA with a firm grasp on financial analysis.
We are kicking off our business with a 1,153 yellow letter campaign directed towards high equity absentee owners in Orlando and surrounding counties. I licked the last envelope tonight, and am looking forward to the results of a 6 month campaign, sending about 1,000 letters per month.
After we get the deal flow figured out, we plan to wholesale, flip, and buy and hold. I plan to attend all of the local REIA meetings. I also look forward to meeting the Bigger Pockets contributors as I learn more about this fascinating business.
Sincerely,
Sam Abbitt
Most Popular Reply
Welcome to BP @Sam Abbitt ! It sounds like your off to a great start. There are lots of guys on here who have deals in Orlando. Be sure to check back often and set up keyword alerts. I'm in Orlando too and I'd like to hear more about the criteria you are using to evaluate your deals. If I know what you are looking for, I can let you know when I find it.