Looking for Military Investors with Experience in House Hacking

Starting Out
4yFollow

Looking for Military Investors with Experience in House Hacking

Rj Janeczek
New to Real Estate · 03824 · Member since 2022 · 1 post · 0 votes

Hi, my name is RJ and I am a recently commissioned active duty officer in the Army. My training begins in January 2023 and I have been reading a lot about real estate investing. I would like to invest during my time in the Army, but before I begin I want to gather as much information as I can. More specifically I want to gather information on a unique real estate investing technique called military house hacking, or using a VA loan to invest in real estate. While I PCS throughout my career I feel this will be a great way to generate income for me and for my family. I am looking for anyone who has experience in this field as I would love to build relationships and learn more!

0Reply
18 views

Most Popular Reply

Malcomb StapelPro Member
Investor · Topeka, KS · Member since 2020 · 669 posts · 488 votes
4y

@Rj Janeczek  scroll through the bigger pockets rookie podcast, there was a guy on there late last year or early this year who did exactly what your talking about. You could listen to the podcast, then look in the show notes for his email to contact him. 

1Reply
See this reply in the discussion

4 Replies

Jump to latestLatest
  • Malcomb StapelPro Member
    Investor · Topeka, KS · Member since 2020 · 669 posts · 488 votes
    4y

    @Rj Janeczek  scroll through the bigger pockets rookie podcast, there was a guy on there late last year or early this year who did exactly what your talking about. You could listen to the podcast, then look in the show notes for his email to contact him. 

    1Reply
  • Doug Spence
    Investor · San Diego, CA · Member since 2016 · 1k+ posts · 975 votes
    4y

    @Rj Janeczek Welcome to Bigger Pockets! My wife and I purchased a home here in San Diego using our VA loan and we're house hacking it right now. Its a great way to use the VA loan for sure. I'm happy to answer any specific questions you have.

    Good luck and keep us updated on your journey!

    1Reply
  • Landon Fillmore
    Rental Property Investor · Anchorage, AK and Utah · Member since 2020 · 50 posts · 30 votes
    4y

    Hey man! Great idea. I am a 2LT, active duty MSC Officer in the Army at my first duty station here in Alaska. I house-hacked a four plex for my first year and just bought a SFH for my second property that I'm doing an Air BNB out of the basement. I'd love to chat sometime about the process!

    1Reply
  • Joseph CacciapagliaBusiness Member
    Lender · San Antonio, TX · Member since 2020 · 1k+ posts · 1k+ votes
    4y

    My first investment property was a duplex house hack with a VA loan. It's still one of the best deals I ever did. It was after I got out though. While I was still in, I lived with an investor that bought a home in each duty station and rented rooms to coworkers. He kept each one when he left. This worked amazingly well for him. I have since helped active duty and retired investors in San Antonio do the same thing.

    I find the most successful investors doing this are good at networking on base. They get most of their tenant through word of mouth. When they leave, they usually either have one of their tenants take over some of the maintenance responsibility, or they just convert it to a traditional rentals and use a PM.

    [email protected]979-218-2286
    Joseph Cacciapaglia powered by Morty
    WebsiteView Page
    1Reply
Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Log InJoin for Free