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Updated almost 11 years ago,
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