John from Delaware

[John Humphries]

Hello all, My name is John Humphries and I'm currently living in Dover, Delaware. I'm looking to get into buy and holds, especially small multifamily. I have about $65,000 to invest and I've been searching on and off for about two years for the right property. I just discovered BP a few months ago, though, and my eyes have been opened to just how much I don't/didn't know. I drive for a living, so I try to listen to about 4 of the BP Podcasts every day to help me break through the learning curve. I'm hoping that there are a few local members who will come across this post and give me some specific pointers for our market! All the multi's that I have looked into are way overpriced, falling down, or in really bad neighborhoods.

[Eric Armstrong]

do you attend the Dover DelREIA monthly meetings? They are held at the Grotto Pizza. Go to DELREIA.com for more info. Great place to network and education. With 65k you shouldn't have any problems with a 20% down payment. Have you sent direct mail to owners of multi family properties? Can usually get better pricing than off the MLS. Good luck!!!!