Brandy-new Real Estate Investor from Lowell, Massachusetts

[Colin O'Neill]

Hello BiggerPockets!

My Name is Colin O'Neill and I live in Lowell, MA. I am interested in House Flipping for income initially, then transitioning to Buy and Hold for long term passive income and equity. Since my wife and I are in our mid-40s and have no retirement savings to speak of, I feel this is the best way to "fast-track" our retirement portfolio. I've been lurking for a bit and binge-listening to the Podcasts from episode 1 forward, and I'm getting very excited! My biggest fear is being able to get financing, as I had to file bankruptcy a few years ago due to a failed business (which in itself makes me gun-shy, too...). I'm a Kitchen & Bath Designer and have remodeled a bunch of kitchens and baths, so I'm hoping that experience will help make my flips, and rental properties, more competitive in the marketplace. I look forward to meeting many of the folks I have heard on the podcasts and seen writing the blogs. Cheers!

[Ned Carey]

Welcome to BP @Colin O'Neill

One way to get over being gun shy is having knowledge. You need more than just the techniques and the formulas to evaluate deals, which you can Here. You also need to learn your specific market. The more you know about your market the more confident you will be when you are ready to pull the trigger.