Hi BP,
I am looking to expand into a different market, more specifically the North Carolina markets of Charlotte, Raleigh, and/or Durham. I live in Washington DC so I will obviously need to generate feet on the ground/great relationships and potentially a partner while exploring this endeavor. I am in no rush, as I want to learn the market significantly before I dive in.
Current Statistics:
Work as a real estate agent in Washington DC. Also work for a condo Developer in the city. Purchased my first condo in September 2016 (primary residence), currently renting out 2 of the bedrooms for $1,250/each and living for $650/month. I purchased my first Duplex in SW March 1, 2017 and have continued to purchase until this point. My original goal was 10 by the end of the year and I fortunately hit that goal September 1st.
Own 11 Units
-1 Condo in DC
-10 Units (Quadplex, Duplex, 4 Single Family Homes) in SW Virginia.
My Goal:
Own 465 Units by 2022.
Develop a thriving development business that concentrates on larger value add condo/apt. complexes.
I look forward to any relationships that are built and any advice/input that is given.
Thank you BP~