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Updated over 8 years ago,

User Stats

10
Posts
5
Votes
Franklin McGuire
  • Lexington, SC
5
Votes |
10
Posts

First time buyer/prop manager/BP member from Columbia, SC

Franklin McGuire
  • Lexington, SC
Posted

Hi everyone! I'm a new member from Columbia, SC looking to begin what I hope will be a long life of "playing smart" with real estate. I'm 25, in the National Guard, and preparing to start law school at the University of South Carolina next year.

So what are my real estate goals? 

1.) My dad owns a 4-bed house in Charleston, SC which he rents to friends of mine, and if I can keep the rooms filled and the renters happy, he says he'll give me 10% of the monthly gross, so I'm looking to learn more about property management so I can perform that role well and help pay my way through law school. 

2.) I'm getting married in January, and I want the first place my wife and I buy together to help pay for itself. So not only am I learning a lot about first time home ownership and financing, I'm also looking to learn more about being a landlord in either a duplex or a SFH with a "mother-in-law suite," etc. (Also wondering if I should just rent that suite out via an online short-term rental site or something to avoid taking on long-term tenants?)

So that's me, in a nutshell. I'm excited to join the BP community and hopefully give/get good advice to/from everyone here. Thanks! 

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