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Updated over 8 years ago,
Kevin from Philadelphia! Every new Tenant gets FREE Cheesesteak
A big Philly "YO!" to everyone in the BP Community. I am new to real estate investment. I am currently writing my mission state, business plan, goals, strategy, etc. My plan for my first property is to use leverage and work with Roofstock to buy a property in GA, FL, NC, or IN. I'm looking for high cash on cash (>25%) and a property under 90k. Good schools & low crime are ideal. Also, i'm not buying in any neighborhood that Google street view has homes with bars on the windows.
My goal is to have a monthly net income of $5000 in 5 years. Until then I will keep my day job to fund acquisition costs.
Really looking forward to this exciting line of work!