Updated over 9 years ago on . Most recent reply
Newbie (sort of) in Maryland
Hello Everyone,
My wife and I purchased our first rental property about 15 years ago and were landlords of 3 rentals but we were real passive, we managed the properties ourselves and did not really treat it like the business it could be. We have since sold the 3 properties when the tenants became bothersome. After a couple of years, we are rethinking our real estate strategy and are now determined to try it again. This time we will treat it like a real business and grow wealth for our family.
I've been lurking on Bigger Pockets for several months now and it has really helped me develop a much better strategy for going forward. We just purchased our first flip last month and are in the process of rehabbing it. We plan to use a strategy of flipping for cash and buy and hold for long term investments and look forward to networking with like minded individuals.
Tilmon