Updated over 9 years ago on . Most recent reply
Buy and hold investor from NJ
I have been on biggerpockets for about 9 months but have not been very active and it is time to change that. I wanted to start by reintroducing myself.
I am a long-term buy and hold investor looking to invest in SFRs. I am looking to own properties that I would want to live in. That is the guiding premise of my investing. While this will likely lead to lower cash flow, at least on paper, as I will be looking to invest in nicer areas, I feel this will lead to having better tenants and better cash flow in the long-term. It will also lead to more potential appreciation and that equity can be pulled out and reinvested in additional properties. I know betting on appreciation is a gamble but it is a bet I am willing to take.