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It is time to update my profile. I have been a part of this family for well over a year now. My wife and I have purchased two propeties. One was at an auction. We got that property for $60K below value, and set up a lease option with a $330 positive cash flow, and $50K profit when we sell. Then we bought a home on some land in North Phoenix. We got it for $70K below value. We are living in it and rented out the home that we had. We have a $450 positive cash flow on that home. I have met several investors that I am working with as a Realtor. The knowlege that I have gotten from this site and Deans program have been a considerable help in getting me where I am today. I have increased my net worth by $120K and have an additional $780 in monthly income. I am an engineer for a plastics company in Phoenix and work part time as a Realtor. I don't spend alot of time working on investing, but the return has been incredable.
hello
what advice can you offer a newbie investor who has poor credit and no money but really wants to do this full force? any suggestions would be helpful thanks