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Updated over 5 years ago on . Most recent reply
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Hello! REI Newbie in Virginia Beach / Sumter
Hey everyone!
I'm Raquel and I just signed up to BP today! I have been really interested in Real Estate Investing for the past year or two and I started seriously looking into the ins and outs of REI this week! My ultimate goal is financial freedom so I can spend my days doing things that make me happy, excited, and motivated!
I am interested in starting REI using the BRRRR method to acquire properties for long-term rental or AirBnB. I currently live in Virginia Beach, but I would like to move back home to Sumter, SC. I would like to begin my investing career in Sumter or Columbia, but I am still considering Virginia Beach as a great place to begin!
I was the stereotypical broke college student who became more broke after moving up to Virginia. I will be using my time with BP to learn more about finding deals, loans and refinancing, low or no money down investments, and long distance investments. My short term goal is to make $3k a month and have 10 rentals in two states each (20 in total).
We'll see how it goes! Thank you for reading!
Most Popular Reply
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Hi Raquel and welcome to BP! It looks like we have a lot in common! I'm a Realtor and specialize in Airbnb's- been doing it for years and I would love to help in any way I can to get you started in that direction. There are some local ordinances just passed on them so I could send the links for those regulations if you haven't seen them.
Also I highly recommend a few meetups in town.
https://www.meetup.com/THiNK-Real-Estate-Team-Investor-Group/
This one is free and you'll meet a ton of investors in the area, and they have a great topic every week.
Also this is @Shawn Bowen's property walkthrough:
https://www.meetup.com/property-walkthrough/
Shawn is a big wholesaler in the area. This one he takes you through a flip property and gives you a rehab estimator sheet, you will estimate how much the rehab will cost and at the end he will walk you through the real numbers. It is so valuable!
Hope to see you around! The community in town is amazing and will help push you further in your goals than going it alone. @Preslie Hicks, what seminar is this? Would love to attend!