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Updated over 10 years ago on . Most recent reply

User Stats

5
Posts
3
Votes
James Reed
  • Homeowner
  • New Albany, IN
3
Votes |
5
Posts

New Investor in Kentuckiana

James Reed
  • Homeowner
  • New Albany, IN
Posted

Hello BiggerPockets,

My name is James Reed and I am a real estate investor in the Kentuckiana area. I reside in New Albany, Indiana and believe my primary focus will be the Southern Indiana area. I currently have deals in all 50 states and Puerto Rico. I also work with a huge network of investors. I need a mentor, some money, and some deals.

On a serious note, I am 26 years old and currently have $5,000 to begin investing. I am partnering with a good friend of mine that will also be contributing $5k for a total of $10,000. We would like to begin with flipping houses to build our capital. We do have very good potential for private lenders through contacts that we have however we would prefer to have a deal or two under our belts before we begin trying to use other peoples money. I currently own a 3 bed 1 bath home in New Albany that I purchased for $33.5k plus $5k through a 203k loan back in 2011.

Most Popular Reply

User Stats

5
Posts
3
Votes
James Reed
  • Homeowner
  • New Albany, IN
3
Votes |
5
Posts
James Reed
  • Homeowner
  • New Albany, IN
Replied

@Jaren Barnes I apologize for that, I have been listening to the podcasts on my ipod and I figured it was said enough times not to say all of the things that I said that it wouldn't be too hard to catch the joke. Right now I have just been trying to absorb as much information as possible. I work at Ford Motor Company at the Kentucky Truck Plant so I can listen to podcasts, audiobooks, and even ibooks for ten hours a day.   

Thank you all for the welcome and tips so far.

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