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Updated 6 months ago on . Most recent reply

Looking to grow my portfolio of long-term rentals.
Hi BiggerPockets Community!
I’m David Blanchard, an investor based in Aventura, Florida, where I live with my wife and two kids. I’m focused on building a portfolio of long-term rental properties, with a goal of acquiring 20 properties over the next 4 years. My current plan is to buy 4-5 properties in the next 6 months, targeting markets with a good mix of appreciation and cash flow, like Tuscaloosa, AL; Warner Robins, GA; Columbia, SC; and Little Rock, AR.
I’m focused on B-class neighborhoods with solid school ratings and low crime, looking for homes that are move-in ready or need light renovations. I’m aiming for properties that can rent for $1,300 to $2,000 a month, while keeping expenses manageable.
I’m excited to connect with other investors, share knowledge, and find great opportunities together!
David
Most Popular Reply

So if you plan on buying 4 to 6 houses in the next six months, it appears you have some money to work with. I would like to be the first one to congratulate you on your initial journey. There will be a number of extra smart, sweet, kind, generous, and knowledgeable real estate agents that are about to welcome you as well. :-)