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Updated about 3 years ago on . Most recent reply
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New investor form Lebanon Tennessee
Hello BP returning to the forums after a long layoff. I'll give a bit of my real estate backstory
My name is Anthony Phillips. I just moved from Santa Clarita CA to Lebanon TN.
I have anyways been interested in real estate investing. I just didn't think I had the money or knowledge to do it successfully. With the equity I made off the sale of my home and the learning I have done I am in escrow on my first investment property.
I bought my first SFH in 2014 in Santa Clarita CA I house hacked that property for the majority of the time. Remolding and upgrading the house over the years to add value.
Purchase price 2014- $385,000
Sale price 2021- $695,500
Purchased personal SFH 2021- $530,000 in Lebanon TN
Under contract on a Investment SFH 2021- $235,000 in Lebanon TN
I close on that property in 3 weeks.
I will rehab that property mostly on my own and plan on advertising and managing the property by myself.
I hope to learn a lot through this first investment property and continue on buying more property's.
I would like to find a mentor through bigger pockets or other means to really get invested in the real estate world. I would like to learn as much as possible.
Thanks for taking the time to read this.
Anthony Phillips