Savannah, GA · Member since 2019 · 5 posts · 3 votes
Hello BiggerPockets Community,
I'm Karl, and I moved to Savannah, GA last June for my first full time job. Currently renting an apartment (lease ends in July), but I am looking to to buy my first home in the next few months. Read Ultimate Beginners Guide, Rental Property Investing, and currently reading Estimating Rehab Costs, but I think its time to figure things out first hand. Preferably would like to buy a multi family and house hack, but if I can't find the right deal on a multi family I would like to buy a SFR that I could AirBnB while living there (and cash flow once I move out). I'm about to start the process of looking for mortgage brokers and community banks to see the lending options available in the area. My goal is to build a portfolio of rental properties and become financially free sometime in the future (10, 15 years? I'll re evaluate at some point). Looking forward to connecting with the BP community and updating on future deals!
@Karl Sperl Something to keep in mind - Savannah has a lot of restrictions when it comes to Airbnb. I don't know all the details, but definitely educate yourself if that's the path you choose to go.
@Karl Sperl awesome. There are many investors and a couple of meet ups in the Savannah area that are great to network with. You should be able to find what you are looking for. Start with a good realtor who can reference local lenders, attorneys, and properties to you.