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All Forum Posts by: Kevin Sellon

Kevin Sellon has started 3 posts and replied 5 times.

Hello,

I am just starting out in Charleston SC, I work as a bartender and project manager for a restaurant in downtown and am looking for a the best way to become financially independent as soon as possible. We have about $100k to start investing and have already set up an LLC in the state. My main question is what are some of the best ways to start showing income for our company to get approved for loans? Should I put my wife on payroll as a property manager?

I would love to quite my 9-5 (actually 4pm-2am) as soon as possible and show my main source of income through the LLC.

We are currently in the process of closing on a home with an ADU in the backyard that brings in about $2700 a month through Airbnb and feel like this is great first step. Our main focus will be BRRRR'ing and buy and hold.

Any advice or thoughts are welcome, I really want to get a conversation going about how to make those first steps to work for yourself as I haven't been able to find many posts on the topic.

Post: Charleston SC Credit Unions?

Kevin SellonPosted
  • Posts 5
  • Votes 4

Hey @Troy Gandee, thank you for the helpful information. I will definitely look into both of those recommendations! 
I see that you host local REI events. It sounds like a great way to get introduced to the area and other like minded people. Thank you for reaching out and I look forward to hopefully meeting you soon.

Post: Charleston SC Credit Unions?

Kevin SellonPosted
  • Posts 5
  • Votes 4

Hello, 

I recently moved to the Charleston area and am looking to open up an account with a local credit union, does anyone have any recommendations for RE friendly credit unions in the area?

Thank you!

Post: Newbie Investor to Charleston SC

Kevin SellonPosted
  • Posts 5
  • Votes 4

Thank you all so much for the warm welcome. Thomas Morley, I will be moving from Marin County up north but I was raised all throughout CA. 

Post: Newbie Investor to Charleston SC

Kevin SellonPosted
  • Posts 5
  • Votes 4

Hello, 

I am a newbie investor who is currently in the process of relocating from CA to Charleston SC. We recently flipped our first home and really want to use the capitol wisely to invest in multifamily units. I have been devouring all of the bigger pockets material as well as taking courses from a local investor who has become one of my mentors. I'm really excited to get out to the Charleston area and am looking to make connections with any investors, wholesalers, agents, property managers, general contractors or anyone else reading this who is interested in investing! 

I am looking to build my portfolio and assemble a core 4!

Thank you for taking the time and really look forward to hearing from the forum.