I guess I will start with some background about myself. My name is Lonnie and I am a disabled veteran (it was a back injury so able to function normally just can't do heavy lifting). Anyway, after my 8 yrs in the military, I went back to school and got dual degrees in finance and accounting, became an auditor with E&Y for 3 yrs, an auditor with a regional firm out here in Rockford, IL, and then got laid off recently.
I am on unemployment and really do not want to go back to auditing, it bores me to friggin tears!! After being an MP in the military, I just can't do some boring job again. So, I have been applying to these boring jobs for a while now and one day my mother tells me that she bought me this book about real estate investing because we were talking about buying tax liens. Oh yeah, I also purchased my first property a few months ago while I was still working because I knew I wanted to get into real estate. I paid too close to market value for it, I know, but luckily it still gives me about 300-400 in cash flow a month, a section 8 with 4 units.
Ok, so, I have read the book three times so far and I really want to do the assignment deals. While I have been reading the book, I have dragged my mother into using her available credit to try and buy a HUD home so we can fix and flip it (actually, she offered and wants to get involved but I am scared that I will screw up somehow and mess up her credit and leave her with a mountain of debt). I didn't mean to write for so long so I will break story here and continue in the next post.
Don't forget to play hard after you work hard!!!
Why team building is important, "You can't know it all. No matter how smart you are, no matter how comprehensive your education, no matter how wide ranging your experience, there is simply no way to acquire all the wisdom you need to make your business thrive." DONALD TRUMP