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Updated almost 9 years ago,
Fitchburg, MA - Soon-to-Be Investor
I am a dad and contract technical writer taking my family's first steps into REI.
After reviewing several options, my wife agrees that buy and hold real estate in our community looks to be the best investment we can make for our children's college fund. Our family goal is to be able to use our real estate investments to pay for at least of each of our children's college costs starting in 15 years. My personal goal is loftier than that, with visions of passive income and accrued wealth we can use to ease our lives and give our children an extra hand up when they start out as adults.
My general plan is to buy and hold within our city, rolling over all cash flow and refinancing when appropriate to increase our number of properties. Multi-families seem to give the best ROI in our city, but I am not adverse to single family properties, especially if we can BRRRR.
I would be happy to connect with local landlords and other professionals in the area.