My name is Nayt Grochowski and I am just starting out in the REI business. Working on getting a high level picture of the different approaches out there as I build up a business plan for moving forward - so getting in a lot of reading, videos, local REI seminars, etc.
My background is as an internet entrepreneur (ie: code geek) - been at it for 20 years and have worked with over half a dozen start-ups. I've had success in over half, along with a great exit a few years ago, which has helped fund my last few start ups these past 2 years. With most of the development work is done on my projects I decided its time to branch out and look for something else to diversify my cash-flow.
I am setting up my business and forming the business plan right now. Planning to start with wholesaling properties to get a better understanding of the process and partner up with people to see how they complete projects before I begin my own fix/flips and buy/holds. Love to learn from people that have been there, done that, and to see how I can help them to learn first hand from them.
I owned a few condos back in the late 90's and turned them into rental properties when I moved from TN to CA. I sold them a few years after I moved to CA - was tough to self manage rentals from across the country! But that left a good "taste in my mouth" for real estate, as the equity I ended up cashing out with was pretty good, even with doing everything retail.