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Old 11-07-2007, 10:03 PM   #1 (permalink)
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Hey

Hey, my name is Russ Wiles and I am a 20 y.o. entrepreneur from Richmond, Virginia. I currently have a real estate business where I am buying up homes and renting them out. I really want to do other things so that I can successfully diversify my money. I also own a community website that I am selling. Anyways, that me.

Russ
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Old 11-07-2007, 11:24 PM   #2 (permalink)
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Welcome to the forum. I would be interested in knowing much more about how your real estate happenings work out. I am looking at also doing something similar.

Hope to see you around here more!

Cheers, Fiona
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Old 11-07-2007, 11:25 PM   #3 (permalink)
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Welcome i am also into commercial real estate which i am planning on doing in the future.
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Old 11-07-2007, 11:28 PM   #4 (permalink)
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welcome to YE!

hopefully you can share some more about your real estate dealings. I have made a couple of realestate deals, and my brother and I are looking at buying land to build and sell.
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Old 11-08-2007, 05:21 AM   #5 (permalink)
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Hey Russ, welcome to the forum. Best of luck on your business.
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Old 11-08-2007, 09:44 AM   #6 (permalink)
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Welcome to YE Russ!!! Im sure you will be a valuable addition here. Speak up ok?
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Old 11-08-2007, 10:39 AM   #7 (permalink)
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Hi Russ-

Welcome to YE. I am an active real estate investor. I currently work Texas and Ohio. I am currently holding the properties post rehab.

How are things in Richmond?


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Old 11-08-2007, 12:27 PM   #8 (permalink)
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Things in Richmond are amazing. The market is slow for those that flip homes but I am buying foreclosures and RENTing them out. So I am doing really well right now. I would like to find other ways to invest other than real estate but I cant seem to find how the other businesses bring in as much money as real estate does over time.
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Old 11-08-2007, 12:47 PM   #9 (permalink)
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welcome i just started as well!
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Old 11-08-2007, 12:54 PM   #10 (permalink)
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Quote:
Originally Posted by kenny7461 View Post
welcome i just started as well!
welcome
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Old 11-08-2007, 01:08 PM   #11 (permalink)
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Wiles,

I know exactly what you mean. I can't find anything else that pays as well as real estate investing. I do rehab projects in Dayton. I hold because just like Richmond-sales are slow.

I do lease options and rentals post rehab. I do buy the REO properties for around 10K and fix up for 10k that are worth up to 80K.

The plan is just tripling the production while I wait for other ventures next year. Good luck to you.

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Old 11-08-2007, 02:29 PM   #12 (permalink)
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Welcome to the forum Russ.
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Old 11-08-2007, 07:44 PM   #13 (permalink)
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