New Member from Virginia

[Kaleb Musie]

Hello everyone! I'm a recent graduate that's been saving up since the start of my first year of employment for my first rental property. For the past six months, i've been studying and really immersing myself with real estate investing. My goal is to replace my income within ten years from the cash flow from the rental properties I'll be buying. 

I'm currently located in Ashburn, VA but my market is not suitable for investing as the median house price $442,485. Therefore, I'm looking to invest out of state and possibly through turn-key companies. My niche is single family/townhouses to start, with a strategy to buy and hold for the long term. The property class I'll be focusing on is in the B range, which will allow me to see some cash flow with the opportunity for appreciation (certainly not speculating but at the same time, my focus is not to invest in homes that are strictly cash flow plays). I have a great deal of knowledge about my market if anyone was in fact interested and had the capital to invest that I can certainly share, as I'd love to network with those that reside in VA and those that do invest out of state.

[Elizabeth Nourse]

Hi @Kaleb Musie

Welcome! Glad you're here. There are lots of ways to learn more and get involved in the local real estate investor community in NOVA. Bigger Pockets is great. I'd also recommend joining a local group or two... I'm a member of Capital REI, which is run by @Roger Lin, @Justin Pierce, and @John Rubino. This is a great group that meets in Fairfax City each month. Nice group with lots of good people in it. I can provide more details if you're curious. You can

Also, I'd be happy to point you in the right direction for things to think about and consider as you make a decision regarding your next steps.

Please check out my profile and reach out if you think I might be able to help you. I have lots of clients in the same boat- just getting started and trying to make the best possible choices as they move forward. It's great that you're reaching out for advice. That's a VERY smart first step. :)

Liz