New Member - New City - New Beginnings - REAL ESTATE!

[Rick Day]

Newbie and soaking up all the info i can. I'm also in the process of relocating to New Orleans, LA and looking to start networking and learning how things work in Louisiana. I've been working there once a month for 4 years, but met a girl and you can probably figure out the rest. If you know of any networking events, educational events, mentors, or anything else that could help kickstart my journey to being my own boss, please don't hesitate to reply!

Oh, due to my upcoming relocation i will have my first rental property, so i guess i'm jumping in head first. My area in Alabama hasn't recovered from 2008 yet, which is why i'll be renting. While learning the pros and cons of renting, i've decided this may be a blessing in disguise (Thanks crooked CEOs and Politicians!) lol If all goes well i'll be getting netting $200 profit a month… too early to tell but all signs point to this not being an issue.

Next… continue to learn as much as possible, learn more about the market in my new hometown and surrounding areas, see how my current rental goes, and find the best deal possible in the best location and buy another. I'm still trying to figure out which side of the game i want to be on (rental, flip, wholesale). They all have pros and cons and i don't know if i know enough to make my decision yet. I also don't know enough to determine if i want to try all three. Any comments or suggestions on this would be greatly appreciated. I keep thinking i could be a wholesaler and if i don't find a buyer i fix it up to flip and if i don't sell it then i could just rent it. I'm sure there is a lot i am leaving out, and i will learn a lot more before i decide on the best action to take, for me.

Thanks for taking the time to read and hopefully reply!!!