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My first Blog post of my journey this year
I have decided to start posting about my deals this year to be able to reflect at the end of the year and hopefully, see how far I have come financially. I am not a newbie, at least I do not believe so. I started investing back in 2005, yep that is right near the bust of the bubble. Since then it has been a struggle for me in Real Estate. Last year I focus on real estate investing and working as an agent primarily, but I only made $17k for the year. On the positive side I completed more deals that year than I have ever done in one year, which was 18 transactions as a wholesaler, agent, or tenant locator. Yes, I had to pick up side jobs and I started driving for Uber to try to make ends met. But this year my goal is to double that income, this will allow me to breath again. How am I planning to do this, well I will be wholeselling in my market, but I also have a new passion to put together the steps to wholesale in other markets remotely. I have some experience and success with doing this back in my hometown of Memphis in 2013.
This January I have closed an agent deal and a wholesale deal. As for February I have closed four wholesale deals so far this month. In the largest deal that I have done so far this year I have noticed that I had over ten people wanting to make an offer on it. Even though I had my first buyer back out of the deal, the very next day I had an investor to make an offer on it the next day an close on it the day after.
So I am excite about meeting my goals this year and possibly increasing the goals in the middle of the year.
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