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Updated almost 5 years ago, 02/06/2020
New Investor in Richmond, VA
Hello, I am a new investor in Richmond, VA. My business partner Chris Hertsch and I are co-owners of a local garage door business, A-1 Door Company. We originally were interested in getting into real estate investing because of our background in construction and a few good connections we have through the garage door business. We decided to jump in this past December and purchase our first property that we plan to BRRRR. We probably paid a little bit too much for it but we were excited to get started and are trying to handle the majority of the rehab ourselves to make up the difference. It has been a great learning experience so far but has been tough since we both have wives and small children and are working on the house on nights and weekends. It has definitely taught us a lesson and from here on out we will make sure we get a good enough deal so that we can to pay other people to fix it. Our plan right now is to BRRRR 3-5 properties per year as a side gig while still running the garage door business full time. We look forward to learning as much as possible on Bigger Pockets and hope to network with other investors, contractors, and property managers in the BP community.
Thanks for your time,
-Ryan