Experience:
Purchased 1st home in Denver in May 2012. Refinished the house and turned it into a 4 BR rental.
March 2015 - Bought a new house in Denver, refinished the basement apartment in that house and leased it out. Also rent out separate space in that house as I continue to live there.
Sold that house....
Interested in real estate investment and rentals income
I am 28 years old I bought my starter house when I was 21 and thought I would live there a few years and I still live in it. Unfortunately I bought in 2008 when houses was still selling on the high side.
While I have entertained the Idea of real estate investing for some time. I have been an IT professional for over 10 Years and I am Ready to make the next step to financial success.
I've been in construction for 25 years. First 12 was commercial, then on to single family and finally settled into remodeling.
I currently have one rental property as a consequence of the 2008 collapse. Essentially, my wife bought a house in 2007 and the market indicates that she overpaid by 30k. Instead of walking away from the money, we rent it out which covers the mortgage and expenses and provides a little additional cash flow. In looking at other properties...
I have 25+ years as Lease Contracting Officer acquiring leasehold interests in commercial space for housing federal agencies. My husband and I are now getting into real estate investment, beginning with wholesaling, then on to flip/fix/sell, with the ultimate goal of having a good mix of investment income from rental properties.