All Forum Posts by: Len Parks

@Derrick E. Im also curious as to where and what you are buying. 3 homes free and clear with $60k WOW!! Tell us the secret. 

Thank you guys for the feedback. Could you tell me from your experiences, and if you were in my shoes as a first timer, what type of property would you look at for my greatest success. SFH is the consensus but would you go with a Bank Owned, Foreclosed, Auction etc.?

@Adam Meadows Hey neighbor! Its great to hear from someone local. Im not sure Ill be able to make it tomorrow seeing that its my anniversary. The wife would never forgive me, but I'd love to connect with you at some point. Who knows, maybe we can end up in a deal together in the beginning to minimize and lost.

Thanks again

Thank you so very much. Sound advice for sure. What do you think about buying at Auction or REO's? Would this make sense or do you think my focus should be elsewhere on my first flip?

Hello everyone, 

I am brand new to investing and so I need help. This is a great site and Im lucky to have found it. Due to me being laid off of my job I am forced to look at another way to make a living. I have ALWAYS been fascinated with real estate and figured this is my time to "put up or shut up." I have about 6 months of savings in my account and about 75k to work with as seed money to get into real estate. My question is this. What is the best way to get into investing under my conditions? Is flipping the way to go for me as a noob with limited funds? Please keep in mind that I am very handy. My father was a carpenter and I pretty much know how to do most of the work. I know I would rely on a contractor, but I can definitely step up to do as much work as possible. 

If flipping is the best option, then what type of property should I look for? Auction, REI or some other type? I appreciate any and all answers and comments.

If it makes a difference I live in the Atlanta area, but I can also invest in the Chattanooga or Orlando areas. I know sometimes the area could make a big difference. Thank you so very much in advance...   Len