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Updated almost 4 years ago on . Most recent reply

User Stats

67
Posts
54
Votes
Wesley Thompson
  • Investor
  • North Potomac, MD
54
Votes |
67
Posts

New Investor in Chattanooga, TN

Wesley Thompson
  • Investor
  • North Potomac, MD
Posted

Greetings! My name is Wes Thompson and I am active duty military currently serving in Africa. I'm new to real estate investing but I am hungry! I have a former primary near Augusta, Ga which I still own as a rental. I am also currently under contract for a duplex in Chattannoga, TN which is the market I am primarily focused on. I also own a coffee company. I have this master plan to get my coffee into STRs around the nation, but haven't quite figured out how to pull that off yet. However, if you are managing a portfolio of STRs and want high-grade specialty coffee to offer to your guests; lets talk!

Most Popular Reply

User Stats

67
Posts
54
Votes
Wesley Thompson
  • Investor
  • North Potomac, MD
54
Votes |
67
Posts
Wesley Thompson
  • Investor
  • North Potomac, MD
Replied

@Doug Spence thanks Douglas! I'm not in the STR game personally, and for the time being I don't necessarily plan to be. My partner and I plan to start smaller 2-4 units for the first couple deals and then potentially start moving up to 5-10 units 11-20 units and eventually land into syndications. STRs might be possible in the future, but we're pretty adamant about setting our criteria and sticking to it. I am in the Active Duty Passive Income masterminds which have been a HUGE help! Like you said, alot of people out there are doing what we are or started where we are. Don't have to reinvent the wheel, just have to get better at pushing it :)

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