I have been in construction for about 6 years. I picked up my first foreclosure when I was in high school and flipped the house. I made a measly 2,000 (Learning curve). I picked up another house about 10 months ago. I bought it for 55,000, put 20,000 into it. I had it re-assessed about 1 month ago and was told it could sell in this market for about 115,000. I have since moved to Virginia to work on a large construction project as a superintendent. I like what I am doing, but I LOVED working on these houses. There is something about doing the work yourself rather then directing it that just gives this sense of satisfaction. I have always dreamed about buying up houses and duplexes and renting them out. I have a friend who has about 40 units and he is doing pretty well with them. I was just wondering what your guys' opinions are. Do you think with enough hard work I could buy up enough of these houses to make a living or atleast get enough equity to get into bigger and better things in the future?
Thanks for any input.
Thanks for any input.
