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Updated almost 10 years ago,
Hello from a new user from Northern California (Redding)
Hello everyone,
My name is Michael Ellis and my wife and I live in Redding, CA. Now that we are in our 40's and have two small children, we figured we better get in gear and start building a future for ourselves and our kids. Been studying REI for years, was a Realtor back in 2000 but got out of it and basically just struggled through that first decade of the 21st century. Both my wife and I have wanted to invest in real estate for years but were both afraid to pull the trigger. We never felt that we had enough time, money or knowledge to make it happen. Well, long story short, we ended up recently purchasing our first home. Now that we have done it once, we are ready to jump in.
What we are mainly interested in at this point is wholesaling for cash and using subject to and lease optioning to acquire buy and hold property.
Favorite books:
Creating Wealth by Robert Allen - first book I read on REI back in the day.
Rich Dad - Poor Dad by Robert Kiyosaki - This is the book that my wife and I both read that made us realize that we really didn't need lots of money or credit to become wealthy.
The E-Myth by Michael Gerber - This book made me realize how important it is to have business systems in place.
Would love to talk to anyone in northern california or anywhere that have experience doing wholesales and creative financing for properties.
Thanks all,
Michael and Amelia