When you first started in REI, how did you find your first couple of deals?
I’m new to this and hoping to get started with my first deal this summer.
I’ve heard and read that lawyers are a great place to find deals, but how would you contact them and what would you say? I have some ideas, but I’d really like to hear yours.
Thanks
What are you trying to do? Wholesale? Flip? Buy and hold?
Originally, I was just interested in flipping. (I really liked the idea of being able to fix things up and making some money at it. Plus, I’m a teacher and I thought it would be something good to do during the summer.) But the more I learn, the more interested I am in other things. With the way the market is around DC right now, I don’t know that it would be a good idea to look for a flip.
Most likely, I think we’re looking to buy a few under-valued houses that we can rent out for a little bit, then fix up and sell for a profit.