New Investor from Vermont
Hello BP!
My name is Tyson Moulton and I am a new investor in the greater Burlington area of Vermont. I work in Planning, Design and Construction and Facilities Management at a local hospital and have a Masters degree in Construction Management from Arizona State University (Go Sun Devils).
I am interested primarily in buy and hold multifamily properties. My long term goal is to replace my income with rental income within the next ten years. My short term goal is to purchase a multifamily property in 2015 that returns 20 - 25% cash-on-cash. I working on becoming familiar with the real estate landscape in my area, but am also interested in investing from a far; it's more about the numbers than the location. I see some challenges in the local market (high first cost, high property taxes, older building stock, etc...) but also see a lot of positives (low vacancy rates, stable real estate prices). I'm hoping that I can find some help making sense of all the options.
I am excited to get started and looking forward to building relationships with other like minded individuals.