New Member Intro - D.C. Investor / Commercial General Contractor

[Zach Gard]

Hello BP community! After listening to hundreds of hours on the podcast and reading through the forums, I decided it was time to jump in and introduce myself / make my first post. This is a great network of folks and I'm looking forward to engaging in the forums and ultimately meeting some of you if there are any in-person networking opportunities forthcoming in the D.C. metro area. 

A little about me is that I'm new to investing but have years of experience in the commercial general contracting world which is what I currently do full time in D.C. If you have any questions about large scale construction processes, I'm happy to help. 

My immediate initial goal, similar to many others on the forums, was to purchase a multifamily in the area and house hack but it unfortunately seems that the supply & demand in the D.C. / Northern Virginia market is way too saturated to make that strategy worthwhile. That being said, the new goal is to find a SFH that can cover the mortgage while I save for more properties and ultimately provide positive cash flow when I decide to move out in the future. The icing on the cake would be divided living quarters between myself and other renters (i.e. in-law suite or second living space within the home).

My long term goal is to acquire enough long term buy-and-hold cash flowing rentals (SFH or Multi, depends on the market as this progresses) to replace my salaried income and ultimately, achieve FI.

Looking forward to meeting some of you. See you around!

[Zach Gard]

Thank you for your feedback @Russell Brazil , I will definitely check into the local ordinances.

I actually listened to your podcast #192 yesterday which had a ton of great info. It's partially the reason I decided to finally hop on the forums and start contributing so thank you sir!