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Updated over 8 years ago on . Most recent reply

User Stats

115
Posts
61
Votes
Kevin Branin
  • Real Estate Agent
  • Philadelphia, PA
61
Votes |
115
Posts

Kevin from Philadelphia! Every new Tenant gets FREE Cheesesteak

Kevin Branin
  • Real Estate Agent
  • Philadelphia, PA
Posted

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!

Most Popular Reply

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16,433
Posts
12,718
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Ned Carey
  • Investor
  • Baltimore, MD
12,718
Votes |
16,433
Posts
Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

Welcome to BP @Kevin Branin. I am going to put my rental application in tomorrow. I like grilled onions on it too.

  • Ned Carey
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