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Updated over 5 years ago on . Most recent reply
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New member in Columbus Ohio
Hello everyone - My name is Austin Underwood and I've been browsing the forums for a while but have just recently decided it's time to start actively engaging on BP and begin the journey of investing in real estate.
About me: I'm a mortgage lender from Columbus Ohio with the plan of starting a property management company and using the brrrr method for long term buy and hold rental properties.
My WHY: Like most on BP, the goal is freedom and to begin creating generational wealth. To be clear, it's not freedom from working but the freedom to have the flexibility to travel and spend more time with my wife and kids.
Currently, I own a single family home which I consider to be a live in flip. I purchased back in 2018 and have been slowly renovating ever since. (The renovations drive my wife crazy by the way as we have two little ones) The plan is to stay in this home until the work is finished and we hit the 2 year mark, then decide whether we want to refi and rent or sell to take advantage of the tax incentive.
I would love to connect with other investors and property managers to learn more about starting a property management company and strategies to get the ball rolling with the brrrr method on the acquisition side.
Thanks everyone and I look forward to meeting you!
Austin
Most Popular Reply
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Hello Austin! I'm a super newbie, just started getting educated very recently. We are looking at purchasing our first home early next year around columbus and would love to start off with a duplex, live in one side and rent out the other. I decided to reply because your comment about starting a property management co. is something ive been curious about. My coworker is moving in with her boyfriend in a few months and wants to sell her house. I asked if she has thought about renting it out, but she doesnt want to because she doesn't want the hassle of landlording. Do you have any experience with "private" property managers, or something like that?