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Updated about 5 years ago on . Most recent reply
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sort of newbie in SoCal making the move to South Carolina
I'm Layla Sewell. I'm a military brat living in Los Angeles, but making the move to Lexington, South Carolina this summer. I'm a wife and mother who works full time as a Social Worker. I'm about to 1031 exchange my SFR in Lancaster, CA for a mutli-family in the Columbia area of South Carolina hopefully by January 2020. My goal is to scale up to commercial apartments. My current strategy is buy and hold. I found out about Bigger Pockets from researching the net about real estate. Now I tell everyone I know who is starting out. I'm an avid listener to the BP podcasts. It took me awhile to introduce myself, but I've been listening to the podcasts for about a year now. I'm still trying to get the hang of the forums. It feels overwhelming sometimes. Thanks for reading my post!
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@Andrew R. Lucas is correct about the insurance. The rest of it (utilities/landscaping) is up to you. I take care of the landscaping because I know they won't. I look around Cola and you can see many don't take of there lawns. I also pay the utilities and get reimbursed by tenants. It makes it easier for them to cut me one check a month then having to have that responsibility to fall onto the students I rent to. This helps keep the peace within the house without them chasing each other for money. It's all how you want to approach the business.