Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago on . Most recent reply

User Stats

1
Posts
2
Votes
Jeff White
2
Votes |
1
Posts

How do I get to my 2nd door?

Jeff White
Posted

I stumbled into my 1st deal when my parents' neighbors decided to move and preferred to sell off market. My primary house became my 1st rental and thankfully is a great, cash flowing single family 3/2.

But now I'm stuck! I'm in a fairly rural area (1 hr+ from Nashville or Chattanooga) and somewhat new here as well. I haven't really heard about investing in the area, haven't found any local realtors or lenders that are "investor friendly," and I'm not sure I have enough equity (or cash) to finance a brrrr (or similar project). 

Any thoughts or observations would be welcome. 

Thanks in advance to everyone on the bp forum. What a great community! 

Jeff

Most Popular Reply

User Stats

1,409
Posts
776
Votes
Ellis San Jose
  • Rental Property Investor
  • Westlake Village, CA
776
Votes |
1,409
Posts
Ellis San Jose
  • Rental Property Investor
  • Westlake Village, CA
Replied

Turn your perceived challenge into your advantage. If you are in a fairly rural area I would imagine there aren't a lot of investors marketing to your area. You have an automatic edge.  Search property data for properties with high equity & perhaps out of area owners or elderly owners & contact them to introduce yourself as a local hoping to find another rental property.

Loading replies...