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Updated almost 7 years ago on . Most recent reply

User Stats

17
Posts
3
Votes
Alvin Barker
  • Vinton, IA
3
Votes |
17
Posts

new member from eastern Iowa

Alvin Barker
  • Vinton, IA
Posted

Hi I’m Alvin Barker an eastern Iowa investor focusing on Benton, Jones, and Linn Counties more Benton co. because its where I want to be located myself.

Been out of real-estate for 30 years because of 2 devoices and other life challenges like identity theft.

Looking to fix and flip dong most the rehab myself I been listing to the pod casts and have a few books they all say don’t do the rehab yourself get a contractor, then tell about all the trouble they have with the contractors, 30 years ago thats what fix and flip was doing as much you could your self.

Then after my second devoice I went to work for a local large management company doing rehabs making some one else money I don’t do every thing flooring is best left to guys that know what their doing and not typically a one man job, roofing I can do it but again not really a one man job, didn’t do drywall for a long time either because need to know what your doing and I didn’t found a guy that wanted to learn about plumbing when I was working for a management co in Minnesota we work projects together to exchange skills now I can make a hole in a wall look like it was never there or sheet rock a whole house. I can see the benefit of multi contractors on multi projects to start at least going to do one or 2 projects at a time.

Having a few challenges on financing right now since I have a 0 credit rating believe it or not was done deliberately because of identity theft in 2000 now have to rebuild it too.

Long term goals I’m 58 so wanting to retire or semi retire in next 10 years not really wanting rental projects unless I meet a great property management team exception to that is I want storage rental maybe a few of them. And a wooded acreage.

Think thats a longer intro than I intended

thanks

Alvin

Most Popular Reply

User Stats

1,800
Posts
1,389
Votes
John Woodrich
  • Flipper/Rehabber
  • Minneapolis, MN
1,389
Votes |
1,800
Posts
John Woodrich
  • Flipper/Rehabber
  • Minneapolis, MN
Replied

Welcome to BP.  Going to be tough sledding with bad credit but if you have cash reserves you don't need much credit.  Good luck with your goals.

  • John Woodrich
  • Loading replies...