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Updated over 5 years ago on . Most recent reply

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James Thompson
  • Investor
  • Elkton, MD
4
Votes |
1
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New Investor from the Newark Delaware region

James Thompson
  • Investor
  • Elkton, MD
Posted

Hey everyone, I'm a new member that's been reading, listening, and learning from Bigger Pockets content for the last few months.  I've lived in or around Newark Delaware most of my life, spending time in Landenberg PA and now live in Elkton MD.  

A partner and I are just getting into real estate investing and we'll be closing on our first property in the Little Italy area of Wilmington soon. We're looking for good investment opportunities in the Newark, Wilmington, northern Delaware, and north east Maryland areas. At the moment we're mostly focused on buy and hold rental properties. In the future I'd love to be able to do some BRRRR deals. We both work good full time jobs and want to use REI as another investment vehicle.

I'd absolutely be interested in learning as much as I can, from as many sources as I can, about the world of REI and the areas we're interested in investing.

Thanks for reading.  I'm hoping to eventually contribute back to this site which has already provided me so much knowledge.

James

Most Popular Reply

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11
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7
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Daniel James
  • Real Estate Agent
  • Greater Philadelphia Area, PA
7
Votes |
11
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Daniel James
  • Real Estate Agent
  • Greater Philadelphia Area, PA
Replied

@James Thompson  Congrats on potentially closing your first real estate deal!  I live in the Cool Springs area and am in Little Italy fairly frequently.  If you enjoy Mexican food and are in the area you should check out El Toro, authentic and delicious.  

Can you give a little more detail on what type of properties you are looking for? Single or multifamily, EST ROI, cap rate, etc. I have a few off market opportunities that could be interesting to you.

My business partner and I finished a BRRRR deal in Wilmington recently with some success and it is a great strategy if you find the right properties.

  If there is anything I can do to help please let me know.  Feel free to send me a private message as well if you have any interest.

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