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Updated about 12 years ago on . Most recent reply

User Stats

28
Posts
15
Votes
P.J. Hankins
  • Real Estate Investor
  • Muncie, IN
15
Votes |
28
Posts

Introducing myself

P.J. Hankins
  • Real Estate Investor
  • Muncie, IN
Posted

Hi all, its about time in introduce myself. I've been out here reading and learning when I can for about a year now.

My wife and I purchased our first rental 4 years ago, then we bought a second one 2.5 years ago.

We're just off the heals of a successful "flip" in Nov. 2012. It was a foreclosure we'd purchase as a rehab project, but 2 days after signing the contracts we were contacted by a buyer who wanted the property so bad he was willing to net us 5K after all closings. We said Done Deal! 5K for papwerwork...I'll take that any day.

My plan is to build working capital via short term methods like re-habing and wholesaling to fund long term passive income investments. Like most here, the ultimate goal is financial freedom for myself and my family, I'm not limiting myself to real estate, but it's what I understand and feel I'm half way good at.

Right now we have an accepted offer on a FannieMae foreclosed property, we are going to renovate and re-sell. Just waiting for Seller Signed docs...these people drag their feet..ugh!

Any way, while I'm in these lull periods (waiting on the man who now has my earnest money tied up) I do what I can to drum up any potential no cash deals and that's when I hit it hard on places like Bigger Pockets, to bone up on ideas and methods for getting deals and building my buyers lists.

If there is *anyone* from Indiana please shout out. I feel like where I live at is the the black void for like minded investors like my wife and I.

Well, that's it in a nut shell. Thanks to all the all folks here who have shared their knowledge and experience freely. I hope to be one of you soon!

PJ

Most Popular Reply

User Stats

4,456
Posts
4,295
Votes
Ben Leybovich
  • Rental Property Investor
  • Phoenix/Lima, Arizona/OH
4,295
Votes |
4,456
Posts
Ben Leybovich
  • Rental Property Investor
  • Phoenix/Lima, Arizona/OH
Replied

Hey Jon Klaus What’s a day job…?..:)

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