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Updated about 3 years ago on . Most recent reply
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Newbie in Columbia, SC Market
Hi BiggerPockets, I am looking to begin a real estate portfolio in the Columbia, South Carolina area in 2022. I am a newbie who does not own a single unit. I am a 25 year old who currently lives in Charlotte, North Carolina. However, I plan to move down to Columbia mid/late 2022. Ideally, my first property would be a duplex(or other form of small multi-family) that I can house hack and renovate to use as a spring board to future properties.
After my first property, I want to build a portfolio of rental properties that includes single-family and small multi-family. I'm certainly open to properties that might need renovation as well. The areas I've been considering include Cayce, West Columbia, Earlewood, Olympia Mill Village, Pinehurst, and Forest Acres. Right now, my goal is to buy 3-5 of these property types per year.
All that aside, the first thing I'd like to do is start meeting those who are familiar with the market. So any and all input is welcome and appreciated! RE agents, investors of all levels and niches, contractors, lenders, or property managers, I look forward to hearing from you! Thanks and Happy New Year!
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Columbia is a solid market. I’m an investor in fort mill and been buying on Columbia this year exactly what you are looking for. I’m up to 35+ units and the main thing I can say is real estate in multi family is really competitive right now. So just be prepared with financing (pre approved, proof of funds etc) and move quick. Let’s link up! You’re close