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Updated over 4 years ago on . Most recent reply

User Stats

6
Posts
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Listiarso Wastuargo
  • Rental Property Investor
  • Seattle
7
Votes |
6
Posts

Out-of-State Investor from Seattle

Listiarso Wastuargo
  • Rental Property Investor
  • Seattle
Posted

Hi folks, my name is Listiarso from Seattle. I am a software engineer with a full-time job (W-2 earner here!) with MASSIVE interest in investing (stocks, real estate, private businesses and startups). I've been investing in real estate for the last 2 years, currently owning 12 units of properties (hopefully 25 units in next 2 weeks) out of state (Memphis, Milwaukee and Chicago are my market).

My main strategy is BRRRR, slow-BRRRR (BRRRR but buying it with conventional financing, rehab the units, and refinance after seasoning period) and buy and hold in C / C- neighborhood in high cash-flowing area, focusing on Section 8. My goal is to get to 100-200 units, hopefully in the next 2 years with aforementioned strategies.

I've been listening to Biggerpockets since the beginning of my real estate investing journey and it has been very influential to my real estate career journey. I am joining the forum since I would love to network and contribute back (it's my aspiration to show up in Real Estate Rookie Podcast). 

Most Popular Reply

User Stats

5,493
Posts
6,470
Votes
Remington Lyman
#4 Out of State Investing Contributor
  • Real Estate Agent
  • Columbus, OH
6,470
Votes |
5,493
Posts
Remington Lyman
#4 Out of State Investing Contributor
  • Real Estate Agent
  • Columbus, OH
Replied
Originally posted by @Listiarso Wastuargo:

Hi folks, my name is Listiarso from Seattle. I am a software engineer with a full-time job (W-2 earner here!) with MASSIVE interest in investing (stocks, real estate, private businesses and startups). I've been investing in real estate for the last 2 years, currently owning 12 units of properties (hopefully 25 units in next 2 weeks) out of state (Memphis, Milwaukee and Chicago are my market).

My main strategy is BRRRR, slow-BRRRR (BRRRR but buying it with conventional financing, rehab the units, and refinance after seasoning period) and buy and hold in C / C- neighborhood in high cash-flowing area, focusing on Section 8. My goal is to get to 100-200 units, hopefully in the next 2 years with aforementioned strategies.

I've been listening to Biggerpockets since the beginning of my real estate investing journey and it has been very influential to my real estate career journey. I am joining the forum since I would love to network and contribute back (it's my aspiration to show up in Real Estate Rookie Podcast). Also looking to form a team in other states (hit me up if you're in Cleveland, San Antonio, Atlanta).

 I would recommend checking out Columbus, Ohio. I am up to 27 doors here

  • Remington Lyman
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