Howard Bell
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Hello, my name is Howard. I am 34 years old and live in Santa Fe, New Mexico. I am a general contractor by trade, but have been desiring to get into real estate investing since I was 19. I have spent that time building up my career, and then launching my construction company in 2009.
Looking back, I am kind of glad I did not start investing prior to the crash. I think this is a much more realistic environment for investing.
My only RE investments to date are my first home purchased in the fall of 2011, and a mobile home I bought, fixed up, and resold for a loss of about $500.
My wife is not too happy about that last one, but I look at it as a $500 lesson in mobile home investing.
Santa Fe, by all appearances, is a crazy place to try and invest. The prices are quite high for the region, and the rent rates are not in alignment to the property costs.
I saw something on Josh Hartman’s website that said “Invest in places that make sense so you can afford to live in places that don’t.”
I like that and am hoping to use this site & forum to help me achieve my goals while still living in a place that doesn’t make sense.
