I have been lurking for about a month or so and have recently joined. I have just started listening to some of the podcasts today and decided to dive in and introduce myself.

I am very green to real estate investing, and sort of got into it by accident. My wife and I bought our first SFH back in '13 and lived in it for just over a year. I ended up being recruited by a company here in Columbia, and we had to make the decision to sell or rent. I have a background in construction, and a degree in architecture, and I work in the commercial millwork industry now as an engineer, and my wife used to be a licensed property manager, so we were pretty comfortable with landlording. Looking at comps, we had a good idea that we could make a small profit renting, and liked the idea of keeping a house in case things fell through.

After living here in Columbia for a year in a rental and saving up some cash, we have bought a second home and are 1 month in now, and are in the thick of remodeling. It was built in 1965 and the same couple lived there for 50 years until they recently passed, and their children sold offloaded it. It appraised for $14k over what we paid, so with the remodeling (getting rid of fake wood paneling throughout, all new trim, complete kitchen reno, etc) I'm hoping we should be looking pretty good in 2 years if we decide to sell!

Anyway I will try to post some more as we get further into the renovation, and as I have questions about refinancing, or landlording.

Thanks!

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Newbie from Columbia, South Carolina

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