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Updated almost 9 years ago,
New member from Cleveland
Hi everyone,
Just starting to get interested in real estate investing. I have no experience or knowledge. My wife and I are looking to increase our income. We have a vision of having a business flipping homes and employing underprivileged kids fresh out of high school. She is an IT recruiter and also does all the marketing for her company. I am a commercial general contractor. Been working in construction since I was 12 with my dad's company.
My wife and I were advised you wholesale until you are ready to flip; you flip until you are ready to buy and hold rentals; you buy and hold rentals and exchange (1031) them into multi-units. Good advice?
We're also just looking forward to connecting with new people and building partnerships and friendships.
Thanks so much!
Sam