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Updated about 10 years ago on . Most recent reply

User Stats

9
Posts
2
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Juan Medina
  • Simpsonville, SC
2
Votes |
9
Posts

New To Greenville, SC

Juan Medina
  • Simpsonville, SC
Posted

Hello- 

My name is Juan, 29 and I live in Greenville. I am a Engineer and I have been married for almost 3 years. I am interested in diversifying my investments. My goal is to have about about $1500-2000 of passive income. 

I believe I already made my first real state investment by chance when I bought my house. I acquired a 4 bedroom 2400 sqft house in foreclosure built in 2007 for $120,000. I put around $10,000 dollars in it and it is now worth $180,000-195,000. Rent in my neighborhood seems to be going for around $1400-1600 a month.  

My wife recently got a job around the Travelers Rest area so we are looking for a place around downtown Greenville. We don't want to spend much, the less the better. We would love to find a place with a basement to make an income suite. 

We are mortgage free and we are looking to purchase a property next year. We are not scared of a fix it upper.

My father built a house from scratch and they also have a rental property. They don't have a lot of experience, but they should be able to provide some help.

I read the ultimate beginners guide to real state investing and have listened to some of the podcast. 

I am looking to meet fellow investors and learn more about real state investment.

Thanks

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