All Forum Posts by: Davis Sessums

I'm still very much a newbie at flips but I've seen some good leads come in from contacting home owners off of tax delinquent lists and probate/ estate sales.  

LMAO!!! Thanks I needed that! 

Thanks for advice everyone 

I'm getting started in flipping.  I've lived in Northern Virginia my whole life and I know experts say to try and focus in the area you know best.  Well that's Northern Virginia for me but after hours and hours of research I'm just not seeing it as being a profitable area for flips.  I've looked as far south as Fredericksburg and as far west as Winchester.  Some other areas I've thought about are Richmond and the tidewater area.  I've thought about possibly going into Baltimore and Prince George's MD but I'd prefer to stay in Va if possible.  Another option might be to develop raw land into housing in certain areas but I really want to cut my teeth in some flips before I go that route.  Any suggestions for markets to look into in Va?

Thank you guys for the warm welcome.  

Hi everyone!  My name is Davis and I'm pretty new to the real estate investment game.  I got my RE license last year and I have done a few deals but my goal is to start my own investment group with my wife.  My short term goals are to do some flips and use that money to buy and hold long term small multi family units.  I've been in fire/rescue and emergency management for over 15 years and I'll continue to do that while getting this venture off the ground, but my schedule is flexible enough to where I can dedicate a large amount of my time to this endeavor.  

I'm definitely still in the early learning phase of things.  I've been listening to every bigger pockets podcast every morning on my way to work and I've definitely learned a lot so a big big thank you to Josh and Brandon for doing the interviews.  I'm reading every book and talking to other investors as I find them.  

A few things I've picked up on is that the NOVA region is not a good market to find deals in.  My uncle has done some buy and holds with some mid size multi families in DC but he had the cash to get in them where as I don't.  So I have to find a market that's relatively close to me but with good deals on flips.  I've been looking a lot at the Richmond area and I'm thinking about the Baltimore area as well.  If anyone has any advice on these areas and the NOVA/metro D.C. Area in general I'd love to hear about it.  Thanks!