About Me
To my readers:
As I’m laying out my entire investing strategy and the progress of my business in this blog, I guess I shouldn’t be too shy about giving some more background about who am I and where I came from.
I’m originally from the East Coast, and up until last year, resided in Silicon Valley (California). I earned my degree in Electrical Engineering back in the mid-90’s, and spent 14 years working for several prominent technology companies managing product development and technology innovation. I’ve worked for, and held management positions at, such companies as DirecTV, Microsoft, and eBay, and after nearly 15 years in the corporate world, I decided it was time for a new challenge. That’s why I dove into real estate investing.
My wife also spent much of the past 15 years in corporate management positions, and as of last year, she too was ready for a change from the 80-hour work-weeks. After taking some time off to get married, relax, and enjoy a bunch of free time doing nothing, we moved back to the east coast and took up the challenge of starting a scalable house flipping business, with the target of purchasing, renovating and reselling at least 15 houses in our first year and 25 houses our second year.
We’re well on our way to achieving that goal…thanks for following our journey, and hopefully we can help you as well, if you’re looking to enter the real estate game…
Thanks,
J Scott
{ 3 comments… read them below or add one }
Hi J. Scott,
I met you on BP, I am a great fan of that site.
I admire your enthousiasm and skills in flipping those REOs. I have been trying to do the same here in Northern CA without much success. Most have multiple offers and if not, they are not cheap enough to make a profit. I would like to know if you do these flips for other people, clients? Could there be a way so we could both profit? Let me know if you have any suggestions. Thanks for all your input on BP.
Rolly Dupree
J. Scott,
Hey I just wanted to let you know that I really appreciate your help the other day with my tax questions. My father and I are about to make an offer on a home. This would be our third home. I have installed tile and hardwood floors for 6 years now and am ready to move out of that and try the remodeling of REO homes. We have remodeled 4 homes already(that includes ours as well and have never had a problem with selling the 2 that we sold. We have had success but I am ready to crank it up a notch and have a career change myself. I know we can be successful, I just am trying to get my ducks in a row for this flip and the ones after.
I stumbled onto BP about two weeks ago and it has been a godsend for me with everything I have learned so far. We did well with the first few but I see we can do so much better with the purchasing aspect of the deal. I am sure if you don’t mind I would love to ask you a few questions if I ever need some good knowledge.
I am getting ready to purchase your e-books, don’t normally do that but you seem like an honest guy. Thanks Again for the help the other day, much appreciated.
Jason Ballesteros
J Scott,
I am retired from being in business for myself for over 30 years. Have started three businesses in that time from scratch. In the last busienss I imported used large graphic arts machinery from all over Europe and sold it all over the US. Sometimes a single sale would be $50K to $70K but most were in the $200k to $400K with the highest being $900K. All business was done using OPM. Finding a goood machine to fit a customers needs , setting up the payment system, loading, shipping, delivering to their floor and making it run properly was about a 100 times more complicated than flipping houses. You don’t need to move the house!
For quite some time I have been looking for a service like yours, So very glad I found you. And look forward to your training and guidance.
Bob K