Investor In Miami, Florida

[Thomas Franklin]

Hi BiggerPocket Members! My name is Thomas Franklin. I have owned Commercial Properties and have rehabbed and sold several homes. My REI Experience began, in 1998. Due to insufficient Asset Protection, I was wiped out, in a divorce. I have noticed the Real Estate Landscape has drastically changed over the years. My goals are to generate capital through rehabbing distressed homes and selling them, in the Retail Marketplace. With the income generated, I intend to build a portfolio of Residential Multifamily and Commercial Properties.

The problem I have encountered is locating deeply discounted properties, in my market, to get my Action Plan in gear. If anyone understands my frustrations and challenges, I would kindly accept wisdom, direction, the steps you took when you were in this situation, and/ or help. I would sincerely appreciate and welcome any input.