New Investor in Spartanburg Upstate SC

[Adam Johnson]

Hello everyone, I'm Adam.  I started researching real estate investing a few months ago and after stumbling my way through the stock market for the last two years I feel like real estate is a much better "guarantee" for a good return on my investments.  I'm about halfway to my $30 K savings goal and hope to make my first purchase around June of 2018.  In the mean time I'm studying constantly and trying to decide on a niche to begin my portfolio with.  Currently I'm leaning towards multi family or student housing as my first purchases, I'll need something that generates a good bit of cash flow to get up and running and those seem to be the best bang for the buck for those just starting out; although one of my concerns is how demanding the tenants can be in those types of properties compared to single family homes.  I'm looking forward to having some great discussions with other members here on the site!

[Chad Martin]

Hey Adam,

I'm new to this idea as well and here in the Greenville area. I was going in with a similar strategy as you, but like you I too have also noticed there are little to no multi family homes in our area. Still keeping at it just have to change the strategy up.