Newbie Buy and Hold from Hamilton Ohio
Hello all! My Husband and I have been wanting to invest in RE for some time now but have just pulled the trigger this year! We are interested in Buy and Hold investing. The area we are currently investing in is a lower working class neighborhood in Hamilton Ohio. The houses are the $30-40K; the kind that Josh can't believe actually exist, lol.
We are getting closer to retirement and would like to speed that up a little with some passive income. Our beginning goal is to buy and hold about 10 houses over the next 5 years to replace our income. We currently have one that is rented out and is cash flowing well and we are currently rehabbing the second and hope to have it rented by Aug 1.
We've been listening to as many podcasts that we can, visiting our local REIA and reading books. We have lots of questions about financing, DIY, and general REI. We're looking forward to meeting some of you and being a member of this great community!
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Welcome to BP!,
my wife is a Maimi Redhawk! and I am quite familiar with the wafflehouse there in Hamilton by the pawnshop lol