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Updated about 6 years ago,
New Member Introduction
Hello Bigger Pockets,
My name is Jim Sorge, and I have been getting serious about REI for the past year. I finished my first live-in-flip this past September (details below) and I am excited to take my next steps. This summer I am going to be living a nomadic lifestyle, so I am taking this winter/spring to build systems and develop relationships to successfully invest long distance. The markets I am starting to focus on are Orlando, FL and Charlotte, NC using BRRRR.
Thanks to all the members who have already answered my questions, What a great community!
Jim
Live-In-Flip~Philadelphia
$245k Purchase Price
~$50k Renovation * (I learned the importance of tracking expenses during the middle of the project, so this is a ball park estimate)
$510k Sale Price
3 years part time and one year full time on the project.