All John Pieroni is trying to do is secure a better future for his family.
A San Antonio resident and member of the Navy since age 21, Pieroni has a plan. He wants to purchase a residential rental property, collect monthly rent and build up equity. This would enable him to live a comfortable life and provide funds for his children’s college education years from now.
The San Antonio economy has flourished in recent years so Pieroni feels the local housing market provides a good return on investment. He is looking to buy a double-wide manufactured home in a good neighborhood. This would run in the $55,000-60,000 range and requires a 25 percent down payment.
“I’m not looking to get rich, just provide for my family and make sure my kids can go to college when they’re old enough,” says Pieroni. “I would be able to rent the property for $850-950 a month so this represents a good long-term investment for me and a very reasonable housing option for someone in the community.
“My current income from the Navy is enough to pay the mortgage but I need $15,000 up front for the down payment. That’s where I could use some help.”
In order to raise money for the down payment, Pieroni has launched an Indiegogo campaign, which can be viewed at www.indiegogo.com/projects/investment-property–2
Donations of any amount are welcome. Pieroni is hoping that people around the country will help support the efforts of an active armed forces member to generate additional income for his family.
“All contributions, large or small, will be greatly appreciated,” he says. “If I can pull this project together, it will make a big difference for my family. We’ll have a steady source of additional income for many years. And it will provide a nice residence for a family in the community. So we’ll both come out winners.”
Company Name: Investment Property
Contact Person: John Pieroni
City: San Antonio
Country: United States