Newbie from Slower Lower Delaware

2 Replies

Hello from Lower Delaware.  

I recently quit my day job to pursue a full time self employed gig drawing house plans.    I have been doing house plans part time for over 20 years,  many of those years I did carpentry or remodel during the day.

I have many friends who have rental properties and have looked at investing in the past, but opted to invest in my construction business instead.       I got my teeth kicked in on the contracting thing,   and so now we are in rebuild model.    Currently we dont have any money to invest in real estate,  but we should have our credit cards paid off within the year, then it's off to the races!

We are located in southern Delaware,  which has a very tight real estate market.  prices are high and deals are scarce.   Most of my friends that do rentals live in Reading, Pa.  The one buys tax liens and rents to section 8 and the other tries to get a notch above section 8 if he can.     I dont think I want to distance invest for my first properties,  so I think I will be looking for duplexes in little towns here in southern Delaware and Eastern Shore Maryland.

@David Burkholder

Hi David. I have been on the Eastern shore my entire life. However, I've started to look in areas around Reading because I work full time in New Holland. Circumstances have me commutimg from denton MD to New Holland every day. This is getting old quick, maybe in the future we can help each other out. I'll keep an eye out for you. You let me know if your buddy puts up any good deals....any deals for that matter lol. Hope to speak soon. Thanks

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