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Updated over 11 years ago,
Hello from Kansas City - $20K Question!!!
I, too, have been lurking on BP for some time. I figured I should formally introduce myself - I'm Dan Pemberton, from the southern side of KC.
I've had some REO purchase experience as a non-investor in the past. I have recently become very interested in building a business in real estate investing. Over the past year I have absorbed myself in everything I could find relating to RE investing, including J. Scott's new books, M. Boardmans book, many member blogs and of course, BP's! I also have a stack of book labeled "to read." I've also recently become licensed as an agent in KS to assist with my RE investing venture.
I'm currently in the process of taking my first real steps to acquiring my first rehab as an investor! I figured this will generate a lot of questions that I hope BP's will be able to help with, which prompted me to say HI and introduce myself!
Now that I've introduced myself I have a QUESTION for anyone willing to answer:
What methods/actions would you suggest to turn $20,000 into $60,000 as a investor in the midwest within 12 months as a NEW investor? ....outside the casino!
I know this is a vague, open-ended question, but I'm hoping it will spawn some legit & creative ideas from those who've encountered similar situations. I'm not looking for a business plan, rather, advice from past experiences....
I look forward to fun-filled times as a member of BP!
Dan