Elayne here about me.
I’m an accountant by trade, specializing in income tax returns. I’ve done thousands of them. I started doing taxes and realized that people had rental properties with all the depreciation. They actually had a loss on their tax return, but at the same token, they had cash flow because of depreciation. A great investment, you have depreciation issued by the IRS and you have appreciation based on the marketplace. So, I realized after the tax season was over one year that I needed to get more involved in the real estate industry, so I started flipping houses. I realized that I needed some education. I find education and knowledge very important. Think about if it’s my initial EK education knowledge. I live here in the state of Connecticut and there’s a great organization called CTREIA.
I joined the organization. I was in the organization for a while and I decided to go through their coaching program. I chose the top of the line platinum program. I was awarded student of the year in my first year. The next year I got another award. This award was for being persistent. I was voted miss persistent. As I continued my real estate career, I first owned a bank-owned property that I lived in, renovated, rented it out and then eventually sold it. I’ve also done tax deed sales, as well as attended many foreclosure sales.
I’ve talked to sellers and got seller financing on projects. I’ve talked to owners of property and purchased the property sub-2 their mortgage. I purchased a property, fixed it up, rented it out and that same person had the option to purchase it. This strategy is called the lease option strategy that I’ve completed. I’ve also done Co-living. I am here to help people with their real estate issues and if you want to become a real estate investor, contact me. I can help you.