Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 3 months ago on . Most recent reply

User Stats

2
Posts
0
Votes
Caiden Mooney
  • Rental Property Investor
  • Hinesville, GA
0
Votes |
2
Posts

Introduction and Seeking Advice on Best Way to Leverage $50,000

Caiden Mooney
  • Rental Property Investor
  • Hinesville, GA
Posted

Hello, name is Caiden Mooney. I grew up in Erie, PA but I am currently an officer in the Army stationed at Fort Stewart which is near Savannah, Georgia. I received a bachelors degree from Mercyhurst University and have wrestled from pre-school all the way through college. 

I caught the real estate bug back in 2017 from my Uncle who has been teaching me and mentoring me ever since. I only have one deal under my belt so far which was a double-wide house flip. The plan was to fix up that house an rent it out long term but with the market being high and I was moving out of the area it made more sense to sell at time. 

I am looking to invest in the Hinesville GA area but willing to expand into Richmond Hill or Savannah area if need be. For my next deal I would prefer to invest in a small multifamily property (2-4 units) around $250,000. I am open to the idea of building a duplex or purchasing a preexisting home. So far I am finding that my price point may be a little low. I would consider single family homes as well but multifamily is the ultimate goal. I have $50,000 left over from my house flip that I can use for my next deal.

Any advice from other investors, especially ones local to the area, on how to best leverage my $50,000 in order to achieve my goals would be greatly appreciated! I would love to connect with local contractors regarding the possibility of building a new construction duplex or a modular home duplex. I also would like to get to know some of the property managers in the area as I look to expand my portfolio. 

Happy to be a part of the community and to begin networking!

  • Caiden Mooney
  • Loading replies...