Getting started in Little Rock, Arkansas

[Mark Rogers]

My wife and I recently had a very good experience buying our current home at a courthouse auction, and we plan on buying and flipping another house soon. Our short-term goal is to create a part-time job for my wife, and we hope to grow it from there. Our initial plan is to flip a couple of houses for proof of concept and then try to work in a mix of flips and BRRR's .

My wife has a strong history of making nice returns on her homes, has a good eye for figuring out rehab steps that are cost-effective, and is good at staging.  My background as a lawyer will help with the contract side of things.  I also plan on getting my real estate license, have finished the pre-licensing course, and will sit for the exam soon.  

We're off to a good start building our rehab team and have pulled together the resources that we need to pay cash for our first attempt to buy and flip. My attention is now turned to identifying a local accountant with experience working with real estate investors, husband and wife LLC's, and solo 401k's.

[Eric Metz]

Mark,

I am glad to see you are making things happen, especially in our mutual market. Have you considered joining the Central Arkansas Real Estate Investors Association (www.carreia.com) to network and meet other investors. In full disclosure my business partner is the President of the REIA and I am an active component in it as well, but it is a great place to network and learn new strategies and skill.

I would like to extend an invitation to have lunch with myself and my partner in the near future to discuss your success and future goals in RE. Feel free to inbox me your contact details and we can set that up. 

Happy Investing

-Eric