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Updated about 9 years ago on . Most recent reply
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Investor, currently living in CA
Hello All. My name is Joy Lonnes. I did sweat equity fixer/flippers in the early '80's in Richmond, VA where I was living at the time. I flipped 7 SFH's and duplexes both alone and with a partner. Unfortunately I didn't make the transition to the buy/hold strategy at the time If I had, I wouldn't have to worry about doing it now.
Now I am living in N. CA where property values are very high. So I am, in effect, starting over again from scratch. I intend to create a passive income stream sufficient to take care of my disabled daughter after I am gone. This is the project that I will dedicate the rest of my life to. I'm getting a late start, but I believe it is still possible.
I am currently shopping online daily as an affiliate for a group that buys flippers all around the US. I am now also beginning to look for a SFH deal that I can execute a buy/hold strategy on for my own account.
I look forward to becoming an active participant on BiggerPockets and learning every day, making new friends, and building a portfolio of RE investments that will bring cash flow and more security for myself and my daughter in the future.
Cheers,
Joy
Most Popular Reply
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@Joyannah Lonnes welcome to BP
Have you thought about where you want to invest?
Would you be comfortable investing out of state or are you trying to stay local?