New Member From Oxford, MS

[Timothy Stieffel]

Hey Everyone!

I live in Oxford, MS and plan to get into real estate investing sometime in the near future. I have only been a resident here for a short time so I am still trying to figure out the market, as well as educate myself before taking the plunge and doing my first deal.

As I have been educating myself for the past several months I have determined that buy-and-hold investing is the niche I would like to use in obtaining my financial freedom. In addition, I feel buy-and-hold investing is especially be a good option in my local area due to the large and increasing student population of the University of Mississippi (Ole Miss).

A big thanks to BiggerPockets for the role they have played in my education, and providing a way for real estate investors to connect and form relationships, and if there are any local investors interested in meeting for lunch or coffee do not hesitate to let me know!

[Justin Patterson]

Welcome Timothy, I'm a new member as well. Being an alum and former resident of Oxford I'd say you've chosen one of the best places for real estate growth in the state. That town has changed rapidly over the last 2 decades and shows no sign of slowing down. As a low level booster and high level fan, I can see myself investing in that market sometime in the future as well, potentially for my young children if they choose to attend there as well and as a possible 2nd/Retirement home for my wife and I. 

We're beginning to invest in single family buy and hold properties in the Lamar County area of the Hattiesburg market, with an eye toward multi-family units in the future. Currently, I have 3 deals going:

1) A gut job remodel turning a 1500 SF 3/1 farmhouse into a 3/2 rental with either a carport or garage. 

2) A house hacking (my family's current residence) remodel of a 1700 SF ranch style 3/2 into an open floor plan. 

3) A mobile home (currently shopping for a deal) rental on an empty lot with a septic tank and electricity already available. 

Best of luck to you!