Brand new investor relocating to Chattanooga TN!
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!
Welcome to Chattanooga Raymond! Its a great market to start in. Chattanooga has a great community of investors as well with a couple of meetups.
Welcome to BiggerPockets, Raymond! Glad to have you as part of this community!
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Quote from @Paul Grant:Thank you! I'll definitely be heading to meet ups as often as I can.
Welcome to Chattanooga Raymond! Its a great market to start in. Chattanooga has a great community of investors as well with a couple of meetups.
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Quote from @Paul Grant:
Welcome to Chattanooga Raymond! Its a great market to start in. Chattanooga has a great community of investors as well with a couple of meetups.
Paul
curious if you have or know of anyone with properties in chattanooga area that are lower valued. Have someone I know who is on state assistance and looking for a place. Curious if know of any trailers or places nearby for sale.
Welcome to BiggerPockets and good luck investing Raymond!
@Chris Seveney it's a tight market for sure, do they need to buy or rent?
Glad to have you in the Chattanooga market. It is doing pretty well. I have 14 properties there and we are looking forward a another good year. Let me know if you need help with connecting you to anyone for your team.
God Luck!
@Raymond Warthen, welcome to Chattanooga! I am moving back to Chattanooga to work for our family brokerage and hoping to build a portfolio at a similar pace. Would love to connect when you move!