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All Forum Posts by: Yi Zhao

Yi Zhao has started 15 posts and replied 43 times.

Post: Gaithersburg, MD Meeting?

Yi ZhaoPosted
  • Investor
  • New York City
  • Posts 46
  • Votes 5

New to BP and will join you guys for the next meetup : )

Post: Newbie flipper from Maryland

Yi ZhaoPosted
  • Investor
  • New York City
  • Posts 46
  • Votes 5

@Chin P. I'm def interested in the Gburg Meetup. How do I find more info about this Meetup?

To answer your question, the reason I decided to get into flipping is because:

1. I feel like the houses in PG isn't appreciating like they were back in 2011-14.

2. I got tired of renting room by room. If I rented the entire house, I wouldn't have gotten as much money.

3. Flipping is more exciting and rewarding for me because I have a chance to create something beautiful from something ugly each time.

Post: Newbie flipper from Maryland

Yi ZhaoPosted
  • Investor
  • New York City
  • Posts 46
  • Votes 5

Hi BP Community,

My name is Yi. I'm a newbie house flipper from Maryland. I learned about BP a few month ago from a friend and have really enjoyed the great content on here. I'm also a BP podcast listener.

I started dabbling in real estate investing in 2011, when I bought two single houses in College Park, MD and rented it to college students (I was a student myself so I knew the area). In Dec of 2015 I decided to become a flipper : ).

In Dec, I renovated one of the two houses and sold it. I'm currently renovating the other. I also purchased two more in PG that are also being renovated as we speak. All three are scheduled to finish within the next couple of weeks (hopefully). Even though I've made a lot of mistakes, I've learned a lot. After I sell these, I'll be ready to buy a couple more.

Would also love to network with wholesalers and contractors who knows PG county and DC. Looking forward to meeting new friends on here!

Yi