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Updated almost 9 years ago on . Most recent reply
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Long Time Lurker...just verified my email
Hi everyone! I have stalked the site for quite some time and picked up some good pointers. I finally verified my email and made my first post. I am looking forward to getting more involved with the Bigger Pockets community.
A little about me...I live in Delaware and currently work for a small start-up brokerage. I have been licensed for about a year. I had a strong start, but things slowed down when my grandmother was diagnosed with brain cancer. We also have 3 kids and the 12 hour work days became too much while dealing with everything. Family always comes first for me. My husband also works in the same brokerage and I temorarily am doing more of a supportive role for him. When things get back to normal, I plan on jumping back in to real estate full time. My long term goals are to do well as an agent, invest my earnings into a mixture of flips, builds, and buy and holds. Eventually, I would like to focus on investing more than being an agent. I have a contractor I trust and a couple of investors. We are hopefully going to start our first project this summer. Thanks for reading and I look forward to learning from everyone!
Most Popular Reply
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Hello and welcome to BP! It's OK to do more than one type of property but mainly focus on one. Know the market you choose well and pick your locations carefully. Do not get tempted to leave your market and invest in an area you do not know. Having experienced and trustworthy Team members is critical. The inventory right now is kind of low so I would not be in a hurry. Cash buyers are mostly getting the deals because they can close more quickly. I am 59 years old and I found BP about 6 months ago and I am still trying to decide what to do.
My father has been in real estate as a broker for about 40 years and I have learned a little bit from him. I graduated from college with a business degree that emphasized real estate. That same year that I graduated, in 1980, I got a broker license. Always do the numbers and know that any you are given are real. Explain to the owner why you are lower and make sure they understand. I did close a few deals for others. If you think I can help with anything please contact me through BP at any time. Good luck!