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Updated almost 8 years ago on . Most recent reply

User Stats

143
Posts
78
Votes
Ernest Grindle
  • Rental Property Investor
  • Suffolk, VA
78
Votes |
143
Posts

Just Getting Started

Ernest Grindle
  • Rental Property Investor
  • Suffolk, VA
Posted

Hello everyone, I'm just getting started in the world of Real Estate investment and have gotten tremendous value from the BiggerPockets podcast (listed to over 100 episodes so far). I am ready to start making some investments so I will be using the BiggerPockets platform a lot more actively. I look forward to learning from and interacting with the BiggerPockets community throughout the journey.

I'm still trying to figure out exactly where to target for investing while still working a full time job. I live in Suffolk, VA, but comfortable anywhere within a 3 hour drive. I was looking at some of the duplexes near downtown Portsmouth, VA, in the section north of I-264 and east of I-164 (near the Navy Medical Center) because you can pick some up for $20K-60K; but they are all circa 1900, need a lot of work, and there are a lot of boarded up houses in that area. So even though the price is low and I could pick up some properties pretty quickly, I'm starting to think it's not the right place to start. Any tips on good places to be looking?

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