Greetings from Afghanistan but buying in WV/NC

[Michael Hatcher]

Hello everyone,

I am currently a Contractor for the military in Afghanistan working for the Army. I have alittle spare time that I can research and identify property that I think would fit into my desire of Buy and Hold investing of Single Family Homes for the purpose of renting. The area that I am focusing on is a small town called Fayetteville, WV which is between Charleston and Beckley, WV. It is a very friendly little town. My wife and I purchased (financed) our first property there in March of this year and after reading BP for the past month, I decided if I wanted to be a Buy and Hold investor with Rental property then I needed to buy a second property. So I found another property that I feel is a good deal with all of the information that I have gathered from BP. With everything that I can account for, I expect a $200 a month positive cash flow on this new property. I already have a renter lined up for the property to move in shortly after closing.

I am excited and looking forward to learning more as I go through the process of this sale and hope to buy at least 1 property a year, even though with this new mortgage I will be at 3, so I will be paying off the smallest one faster to get back to just 2.

I am just reading everything that I can currently and would like to become a Real Estate Agent once I return to the states, so I am reading over all of those books also.

I am glad I found BP, as it seems to be a great community of like minded individuals that help each other along as we all advance.

Look forward to sharing my final numbers after the closing in December and I look forward to meeting many of you virtually and maybe in person in the future.

Mike