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Updated over 8 years ago,
New Member from Minnesota
I have owned rental property in the past. From about 1987 - 1995 owned a duplex and a tri-plex in Superior, WI.
I and a partner then made the mistake of buying a restaurant. We owned Mariners Landing in the Mariner Mall in Superior from 1988 - 1997. For the first few years it went well, then after Wal Mart built a few miles away the mall started emptying out. I currently work full time at United Healthcare and have for about 6 and a half years.
I have a BS in Accounting and Bus Admin. I realized at the time of ownership that real estate was a good investment and want to start again. ii and my wife do not have a lot saved for retirement in order to do the things we will want to do. I was thinking in order to build up some cash I would wholesale until I can flip and then purchase to keep and rent out.