New Member from IN.
Hi all,
First off I would like to say thank you! I've heard a LOT of good things about BP, and I'm excited to hit the ground running with my RE endeavors. That being said, I have some knowledge of the RE world, but not much.
I considered taking a job as a RE agent, however a few things ultimately stopped me from doing so:
1) The amount of start up capital needed (roughly $2,000) between licensing and fees, agency costs, etc.
2) The market here in my neck of the woods is very limited. North east IN has a lot of auction listings, and most aren't done by the RE companies. So that hindered my idea quite a bit.
Ultimately, I'd like to stick with flips, or buy and holds, as I can do 90% of the work myself. If I can't, I have good friends who can. My biggest issue right now is figuring out HOW and WHAT to buy so I can flip for some small cash to get a base set. After a few flips, hopefully I'll have a knowledge base down, and I can turn it into a full time passive income.
I enjoy my job, but the downtime is just so much that there's no reason why I shouldn't be doing something with it :) I appreciate everything you guys have offered thus far (from the small bit of reading I've done :P) and I look forward to learning everything I can, meeting new people, and finally starting this adventure!
Thank you!
Mike