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Updated over 10 years ago on . Most recent reply

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17
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6
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Jason Ellis
  • Rental Property Investor
  • Atlanta, GA
6
Votes |
17
Posts

Newbie from Charleston, SC

Jason Ellis
  • Rental Property Investor
  • Atlanta, GA
Posted

Hello everyone! I'm Jason, and I'm an engineer who recently moved to Charleston fresh out of grad school. I'm currently renting, but I'm in the market to buy my first home because I'd like to start building some equity. I'm leaning toward a condo or townhouse because I like the idea of less upkeep, but I'm not married to that idea. I realize that I likely will not live in this home long term, so I thought I should look at it as more of an investment property than a traditional home. Hopefully in the near future, I will want to settle down with a family in a more traditional home and I can either rent this place out or sell it for a profit. In order to do that though, I need to make a smart purchase, and that is how I came across Bigger Pockets. I do love what I do, so I don't see myself doing REI full time, but I could see myself buying a few properties using a buy and hold strategy and setting myself up for the future when I'm done with engineering!

I'd love to hear some advice from the experts on here about what type of property to buy and how to get started.  I've been looking through the information on the site, and I'm learning a lot!  I've also been emailing real estate agents to find the right one, and I'm thinking of working with a buyer's agent that I met with.  But perhaps I should speak with an agent that specializes in investment property.  Does anyone have any recommendations for a good investor's real estate agent in the Charleston area?  Thanks for listening and good luck to everyone in their investing!

Most Popular Reply

User Stats

42
Posts
9
Votes
Tim Schmitz
  • Rental Property Investor
  • Charleston, SC
9
Votes |
42
Posts
Tim Schmitz
  • Rental Property Investor
  • Charleston, SC
Replied

Hey Jason,

Welcome to Charleston and to BiggerPockets.  As the others said, follow the blogs and podcasts and you are in for some great advice.  The Charleston market is picking up and there are lots of properties for sale right now.  There is a good supply of both town homes and condos, so look around and be selective.  Here is the contact info for the agent that has helped me buy several of my buy and hold for rent properties.  He totally understands the market and is an investor himself: Bryan Hammond, [email protected],

843-276-9253.

Feel free to contact me as well if you want to discuss my experiences with the Charleston market.

Thanks, Tim

Marshland Investments, LLC

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