Frenchy introduction to BP from Savannah, GA

Frenchy introduction to BP from Savannah, GA

Charles H.Pro Member
Rental Property Investor · Orlando, FL · Member since 2017 · 94 posts · 39 votes

Hello BP.

My name is Charles. I am 29 years old and currently work for a private jet manufacturing company in Savannah, GA as a Structural Test Engineer. 

While this is a fairly fun job, it gets boring/repetitive after a while and it can be a cubicle job at times (awful). I chose last year that I wanted to go again out of the easy path and do my own thing by learning the real estate investing business to reach financial freedom. My first "move" in life was when I decided at 19 to move to the US from France, and try to have a life there.

Concerning real estate, I personally don't own anything yet, but I have been involved in my mother's real estate investing since age of 17. I have been more involved in the management side of several SFHs in the Orlando-Kissimmee, FL metro, as well as a parking lot in the suburb of Paris.

Over the past year, I have been teaching myself and learning from many people like Rod Khleif, guests from many podcasts I follow (BP, Rod Khleif, Bill Manassero, Joe Fairless, Grant Cardone, Kevin Bupp, etc...) and many articles/books.

I had set myself to have my first investment by age 30 (4 months left! let's see if i can get it by year 2017 though). My initial goal is to reach 40 units @ 100$ net/door minimum. Then I will probably fully focus on REI.

I am interested in 5-30 units complexes. I also like quads.

The market I am looking at are Orlando suburbs (Kissimmee, Altamonte Springs, etc) FL , Greenville SC, Charlotte suburbs NC, Columbia SC, *maybe* Atlanta and Greensboro/Winston Salem. I also just did a mailing campaign for 10 quads in the same street in Charleston, SC.

Best success to all, and feel free to contact me if you have same market interest or if you just want to chat!

Charles.

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Investor · North Charleston, SC · Member since 2017 · 277 posts · 91 votes
8y

@Charles H., Welcome to BP!  I too worked for that company in Savannah for 21 years.

I retired a while back and have added to my SFH rental portfolio to supplement retirement.

I currently live in Charleston and have found it is a good investment market.  I also have found Ormond and Daytona Beach a great area.  Happy to chat or help.

Cheers,

Buddy

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  • Charleston, SC · Member since 2014 · 59 posts · 23 votes
    8y
    I'm an investor and an agent in the Charleston area. I'm finding deals (mainly SF) on the MLS (with lots of offers and lots of rejections) returning over 20% cash on cash (with 20% down conventional loans). You can also find BRRRRs that you can fix up delay finance and be in it for very little cash while netting over $200 per door. Multi family returning those numbers are hard to come by in the area (and in MLS). Lemme know if I can help
  • Lender · South Bend, IN · Member since 2015 · 153 posts · 37 votes
    8y

    @Charles H. Welcome to BP. You are going to love and learn a ton. Please reach out if you have any questions about my local market here in South Bend, In. 

  • Flipper/Rehabber · Acworth, GA · Member since 2014 · 246 posts · 92 votes
    8y

    @Charles H. what street in CHS? Hunters Ridge? 

  • Investor · North Charleston, SC · Member since 2017 · 277 posts · 91 votes
    8y

    @Charles H., Welcome to BP!  I too worked for that company in Savannah for 21 years.

    I retired a while back and have added to my SFH rental portfolio to supplement retirement.

    I currently live in Charleston and have found it is a good investment market.  I also have found Ormond and Daytona Beach a great area.  Happy to chat or help.

    Cheers,

    Buddy

  • Charles H.Pro Member
    OP
    Rental Property Investor · Orlando, FL · Member since 2017 · 94 posts · 39 votes
    8y

    Thank you all. Looking forward to post upon my first deal!

    Happy success to all.

  • Real Estate Agent · Redlands, CA · Member since 2017 · 199 posts · 487 votes
    8y

    Hey @Charles H. welcome to BP!

    My wife and I live in CA but she has been wanting to make it out to Savannah forever! We are hoping to stop by this summer and check out the historic districts. 

    I am also 29 and recently set a goal to have a first rental property by 30, here's to hoping we finish our 20's strong!

    Best of luck with your first solo real estate endeavor, keep us updated on your progress!

    -James

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