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Updated over 4 years ago on . Most recent reply
Richmond, VA Rookie!
Hi fellow life-hackers! I'm in Richmond, VA and got interested in R.E.I. from my downtime during the pandemic. I'm interested in BRRR, house hacking, and getting licensed here in my town. I'm currently the leading sales rep for the largest independently owned brewery in Virginia and I love it, but the pandemic opened my eyes to creating my own wealth. With the valuable skills and work ethic I've found in the beer industry, I'm confident that I have the foundational tools to manage myself and my time to find financial freedom in the future.
I'm in the beginning stages of building a tiny house for myself on my mom's property to eliminate rent cost for the next few years while I save to get licensed and invest in my first deals. I'm getting so excited about this way of life and have been reading voraciously to get more acquainted. A couple of weeks ago I finished Scott Trench's, 'Set for Life' and am currently half way through 'How to Invest in Real Estate' by the man and wing-man themselves, Josh Dorkin & Brandon Turner. Currently up to podcast show number 22 and flying through more daily!
Please reach out if you're familiar with the RVA market! I look forward to connecting more with this awesome community :)
Most Popular Reply
@Rachel H. MHP investing has actually really piqued my interest since I starting diving into educating myself the last few months. I probably wouldn't start there, would most likely work on some Single Families first to get my feet wet but there are a lot of MHPs here in VA and I'd love to work up to them.
Tiny home laws vary so much from state to state but even more so, county to county. It can be a tricky avenue to take in multiple markets but with enough research done in a particular area I think they could be quite profitable, especially creating veteran and elderly tiny home parks BUT they're also quite attractive to people my age (mid-late twenties) who want to get a leg up without paying crazy rents or mortgages.
Hope all is beautiful and sunny in TX!