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Updated over 9 years ago on . Most recent reply
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New Member, Pushing towards a new Reality
I'm excited to be apart of this investment community. My passion for real estate dates back to 2004 when I bought my first home 4/2 mother in law suite, with swimming pool in Pensacola, FL. The house needed some updates but 5 months later Hurricane Ivan destroyed my house therefore I was immediately thrust into the real estate investment reality. Construction. I probably ran into every problem you can possibly have and lost my *** as result because at the time had no idea what I was doing. Initially, I thought the home was an investment but it quickly turned into a major liability. From that experience, I have researched, talked to many people and have taken classes to become a better investor. I will admit that experience sparked a lot of fear but I have since conquered that fear and I am now focused on the possibilities.
Currently I have a small portfolio. I've played in SELLER FINANCING deals, flips and vacation rentals. I am looking to do a combination of all three. I've learned quickly you get the most bang for the buck in investments under 50K by SELLER FINANCING the deals. I would like to explore that option more to build a long term strategy.