New inverstor in Sacramento for home to renovate.

[Louis D.]

I'm making a shift from remodeling contractor specializing in kitchens and bathrooms to home renovations. My wife took out a hard money loan and I oversaw a good size renovation on our own home of 20 years in Cameron Park. We had a good return on our time and money. Now that are old house has sold we are looking to do another. I'm looking for something in the 300k -400k and under range so that we are in the "sweet spot" when it comes time to sell. Being a general contractor I'm willing to take on homes that need more than just a little work but I'm open. I helped my daughter in Seattle renovate her home as a wedding present last year and she was happy with her return too. So I'm anxious to get going as one or two more successful renovations and I can meet my first goal of having my wife be in a position to quit her day job (in the mortgage industry) and turn her part time job (realtor) in to her full time job. She is highly motivated, customer service type person, driven to having happy customers. We simply want her self employed so we can take more time off! We have a married daughter in New Orleans and a married son/wife and granddaughter in Floridan we want to visit regularly. We both like hard work, we just want more breaks in between the hustle. I can take more time off but It's just not right all by myself. We both ride motorcycles and we are dusting those off after a busy 2018.

 Second part of our plan in rental properties in states that have a better return then California and more landlord friendly laws (that leaves what about 49 states?). I'm just starting to explore places that have homes in the 30k-50k zone as they usually return better then 1%. I really have enjoyed my work as a contractor doing very custom moldings,cabinets, kitchens, and baths but now I want to manage my home renovations and put my tool belt away so that I can pick up the pace on the number of homes we can do per year. 

I will be looking to play Robert Kiyosakis board game once a month with new people to meet other like minded individuals. My first guest for the first game has retired and got out of the rat race already.

If you know of any wholesalers in my area I'm interested to get rolling. If you have towns in states you like to invest in and are willing to share information I'm interested. If I invest in a town you are already invested in you will have one more person that can go there and be your eyes and second opinion. I'm always willing to share what I know. If I find a really good property management company in a town we are both exploring I'll share that too. Let's build success together.