Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago,

User Stats

19
Posts
14
Votes
Steven Taylor
  • Hampton, VA
14
Votes |
19
Posts

Long time lurker, new investor.

Steven Taylor
  • Hampton, VA
Posted

Hello All,

I've been a member of these forms for a little while now, but I've just decided to kick off my Real Estate investing career. 

I joined the Air Force at 18, spent six years enlisted, and was fortunate to acquire an amazing set of skills that allowed me to exit the military at 24 and begin making in the six figure income. Through a series of amazing investment and frugal saving, I have been able to build a pretty stable financial situation for myself. After doing quite a bit of research, and finally deciding to jump in the real estate game, I have pulled the trigger and purchased two separate Duplex's in my home town area of Southern Georgia (I currently work and reside in North Carolina). 

Property one was purchased for $80,000, currently has tenant in both units for $1,300 total a month, and property two cost $106,000 with one current tenant renting for $700 (below market value for this unit). My brother, who will act as my property manager, handyman, and generally handle all of the in person activities associated with the properties will be staying in the second unit of property two with a reduced rent in place of all he is bringing to the table for me. Both properties are currently in the closing process. 

The next step for me is to get a grip on proper property management, and making sure I start my Property Management Career on the best possible foundation.

Loading replies...