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Updated almost 3 years ago on . Most recent reply

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Raymond Warthen
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Brand new investor relocating to Chattanooga, TN!

Raymond Warthen
Posted

Hey everyone! My name is Ray and I've been following BiggerPockets for around a year now, learning everything I can. I'm 32 years old and am a district manager in the restaurant industry, as well as an Army Veteran.

So far I own 1 property that I used a VA loan on last year in Kentucky and will be relocating to Chattanooga TN in a couple months for work. Fortunately I had learned just enough before I purchased this house that It will rent with a cash flow of over 300/mo even though that was not the intention when I purchased it.

Over the next few years, I plan to purchase at a minimum of 1 property a year as I build my portfolio and plan to transition into large multifamilies after I gain more experience. 

I plan to try a little bit of everything to find what I like most. My first goal is to build my Team in Chattanooga and start with a BRRRR by next year.

I look forward to getting to know you all and be as much help as possible as we all grow our businesses!

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Adrienne Green
  • Real Estate Consultant
  • Chattanooga, TN
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Adrienne Green
  • Real Estate Consultant
  • Chattanooga, TN
Replied

Hi @Raymond Warthen! Congrats on your upcoming move to Chattanooga- it's an amazing place to live, and to build a real estate portfolio! There's a lot of BRRR opportunity, and as @Nicholas Coulter stated, house hacking is also great here.  Well, to be honest there's all kinds of real estate opportunity in Chattanooga, so whichever path you end up going down, there's a great chance of success!  

There are some local REI meetups that happen monthly, once you're here. @Kelly Rastatter leads one!

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