Business Owner turned Real Estate Investor in Jacksonville NC

[Dean I.]

Well, turned may not be the right word. The fact is, I have owned and run a few different businesses, some more successful than others and I am now ready to start real estate investing. Currently I own two small stores which supplies me with a consistent income. For the most part, the business runs itself, allowing me to dedicate the time that is necessary to study, search for and invest in real estate. I also have my real estate license, but it is not active and I have never used it. The fact is, while I am a salesmen at heart, I have never had any interested in being a real estate agent/broker, I only got my license so I could get involved in real estate and learn the business.

My current plan is to initially start flipping houses. I don't plan on drawing a check from the business for a while. Instead, I will reuse those profits to continue financing more and better flips. Eventually once I have a pretty consistent cash flow coming in, I will begin to invest in some rental properties.

I do not know everything about real estate and I wont pretend that I do either, however, I do have some business knowledge and I plan on treating this like a business. I believe that with my past experience and with the help of this forum, I will do well in this new venture. 

I recently came from another business forum (specifically related to my business field) and was a pretty heavy contributor. Though I am obviously new to this forum, I hope to one day be a valuable contributor to this forum. And while I may not have any real estate experience, hopefully I can use some of my business experience to contribute and give back to this forum while I am learning this new business.

Based out of Jacksonville, NC.