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Updated almost 9 years ago on . Most recent reply

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Jeff Simmons
  • Pittsburgh, PA
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Newbie from Northern VA, (NoVA)

Jeff Simmons
  • Pittsburgh, PA
Posted

Hi everyone, my name is Jeff Simmons. I'm just starting to educate myself on REI, and developing my plan for buy and hold REI.

I plan on saving for about 12 to 24 months while continuing to read and study the markets around Northern Virginia, Maryland, DC, and maybe WV and PA. 

I'd love to buy some Single families and small multi family properties, and maybe move to larger apartment complexes in the future.  

Also if anyone has experience building duplexes or other small multi families and renting them out I'd really like to talk to you.

My long term goal is to take the early retirement my job offers (23 more years) and live off my pension/401k and let the real estate investments pay for a charitable organization I would start.

If anyone has good reading suggestions, (so far I've read the rental property real Estate investing book from Bigger Pockets, and the Millionaire Real Estate Investor"). I would appreciate it.  

Hope to hear from you all soon!

-Jeff

Most Popular Reply

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2,396
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Brandon L.
  • Real Estate Agent
  • Falls Church
1,747
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Brandon L.
  • Real Estate Agent
  • Falls Church
Replied

@Jeff Simmons welcome to BP. What size are you talking about when you say small multifamily. I have found that 2-4 unit properties virtually do not exist in the DC metro area. Right now I am reading "The five dysfunctions of a team" it has been great so far.

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