All Forum Posts by: Byron Maddox

@Aaron Mazzrillo@David Tipton Thanks guys for the comments. I am married but she has her plate full with a full time job and raising our 2 teenagers. I do have others I could possibly have to oversee things while I'm gone. I guess I was feeling frustrated because my first passion would be flipping but since the rental market is up in Florida I believe I have the opportunity to invest in rentals. I believe a good approach to that would be to build on that and then move into flipping when I'm able to live in the states full time.

Hi there. I've been reading and soaking up a ton of info from BP on a daily basis. I'm reading the books, listening to the podcasts, scouring the forums and I am or was getting excited about starting a career in real estate. I know I have a huge amount of learning to do and probably won't be prepared for any of it until I dive in head first. Now for my dilemma. I'm an overseas contractor working 4 months on and 4 months off in the Middle East. When I'm home I have no income coming in. This job pays enough to carry me while home until it's time for me to redeploy. I really can't afford to leave this type of work at this time. Working for someone or some company back in the states cannot replace the income I'm making now but I do see REI as being a financial alternative if given enough time. Hence my dilemma. I'm fairly certain I know the answer to my problem and I'm not sure if I'm looking for an answer here or if I'm just venting my frustration. I want to hit the ground running when I do get home in a few months and jump into this but like I said, when I'm home I have zero income coming in. I've looked at multiple properties listed here and from other sources that I think would be a good investment for flipping but I don't see that I have enough time while home to purchase, rehab and sell before I have to pull the trigger and make a decision to stay and continue real estate or head back overseas for my umpteenth time. Again, I guess I'm not looking for someone to give me a solution to this as I don't see there being one until I can find a career back home and grow a portfolio in time.

@Morgan Hogg  Thanks for the colleague request. Fruitland Park here so I'm just up the road from you. Hopefully I can get something going in the new few months. Maybe we can bounce ideas off of each other if the need arises.

John Thedford.  Thank you. I've done some research and have found a local realty investment group locally and will be getting with them soon to find out what they're all about. It never occurred to me to look in that direction..

Adam B. Thanks. There is a ton of info here so I've got a lot of studying to do.

I've come here seeking knowledge. The idea of getting into real estate investments has been on my mind for a long time. In the back of my mind I always envisioned this was for seasoned experts or those on the inside. I'm hoping that's not the case and even an average Joe can make money off of real estate. So I'm here to soak up as much as I can and hopefully give it a go.