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Updated almost 6 years ago,

User Stats

11
Posts
10
Votes
Erica Winship
  • Real Estate Agent
  • Glendale, WI
10
Votes |
11
Posts

Newbie wanting to do something smart with inheritance.

Erica Winship
  • Real Estate Agent
  • Glendale, WI
Posted

Good afternoon everyone, my name is Erica and I am based out of Milwaukee, Wisconsin. As described, my father passed away last June unexpectedly of a heart attack. Now that I am in the better parts of the grieving process, I need to face the fact that I will be coming up on an inheritance, and I want to do my best to do what he would do with it. My father did financially well in his life so to speak and was also a entrepreneur throughout his whole life. He was extremely creative on how he built his wealth and was even a college drop-out.

 I am 27 and for work I am a Graphic Designer a part of a marketing team, I understand this skill may come handy in the future. I am pretty set on the idea of trying out flipping one house, but I still keep an open mind. I am open to any input as of to where I get started and plan on listening to all the available BiggerPockets podcasts. I also have a landlord course that is offered for free through the state that I plan on taking as an exit strategy for me would be turning said flipped house into a rental if it doesn't sell in a timeframe I feel comfortable. I plan on using a realtor to help me walk through houses the first couple times and even obtain my first property, but plan on obtaining my own license in the process so I can eventually cut out that middleman. Any advice critiquing my path is much appreciated, I am happy to be here and am enthusiastic to meet people on BiggerPockets. Can't wait to meet you! 

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