Updated over 11 years ago on . Most recent reply
New Member from Central Ky
Hello everyone, My name is Craig Willard. I reside in Central Kentucky, Go Wildcats!. While I have been involved in a few real purchases, they have been for me to personally live in. I have talked to family and friends about building my retirement in the Real Estate Business for years but never took the plunge.
I would like to start with a few flips to build a financial foundation. At that point I would like to purchase a few rental in order to keep a nice cash flow that I can continue to turn over. As a full time Director of IT for a hospital, I don't need the income to live day to day therefore my intentions are to reinvest all cash-flow back into the business.
So here I am, looking for knowledge as I start my path to retirement stability. I have read the ultimate beginners guide, the book of flipping houses, the book of estimating rehab costs and Rich Dad Poor Dad. I have listen to at least 20 pod casts and continue to, I downloaded all of them on my iPod and chose to listen to them over music in my commute. With Knowledge, I can increase my chances at luck!!
I looked at my first property recently, it was a homepath house. On the market for over 100 days. The price has dropped in half and still it will not sell. When I went to look at it, I was required to sign a health waver before entering. I took that as a good sign that this property has too many issues. Looks like I am down to 99 more houses to look at, 10 to offer and 1 to buy!
Look forward to meeting some people in the area and building lasting relationships.
Craig