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Updated about 2 years ago on . Most recent reply

User Stats

5
Posts
6
Votes
David Wilding
  • Investor
  • Philly / South Jersey
6
Votes |
5
Posts

New member! Interested in STR & Buy and Hold LTR

David Wilding
  • Investor
  • Philly / South Jersey
Posted

What up BP Nation!

I’ve been snooping around on here for free for the last few months and finally decided to pull the trigger and member up.

I live in South Jersey about 15 minutes over the bridge from Philadelphia. Married and my wife and I have three young boys. My wife and I are originally from Delaware County(Delco) PA, where we both still work as police officers. 

I'm brand new to real estate investing and became interested and started researching it just a few months ago when a work acquaintance was telling me about at BRRRR project he was working on. He told me about bigger pockets podcast and mentioned a few books he had read and I've been digging in ever since.

Currently, I'm looking into and really excited about investing in a STR in the Pocono area. I'm in the process of getting preapproved now, so I'm hoping to make some moves soon. Looking in the Poconos for now since it's considered my backyard to get my feet wet. Once I get a door or 2 and some experience and knowledge, I like the idea of long distance real estate investing to capitalize on other growing markets.

I also have some interest in buy and  hold, long-term rentals eventually, but as I mentioned right now I’m focusing on STRs.

I’m looking forward to connecting with people, sharing ideas, learning, and hopefully building and scaling a diverse portfolio.

Be well and live free.

-Dave

Most Popular Reply

User Stats

8
Posts
4
Votes
James Mach
  • Investor
  • Washington
4
Votes |
8
Posts
James Mach
  • Investor
  • Washington
Replied

Hey brother! It sounds like you are at the same stage my wife and i are at! We just decided to pull the trigger on a pro membership and are currently getting pre-approved with lenders. I'm a firefighter in Washington state and learned about the potential for real estate investing while "on the job". House prices are insane here for newbies so we are looking out of state for our first investment, hopefully a residential multifamily.

Stay safe out there!

-James

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