newbie military investor on small multi-family!!

newbie military investor on small multi-family!!

Member since 2019 · 15 posts · 9 votes

Hey guys!! currently deployed and waiting to get back to start out my real estate investment career. Kinda nervous but mostly excited to start in the midwestern area. Any advise you have on picking the right property, right deal, and having a pretty solid plan on dealing with tenants? Should i be strict or lenient? Just any advise you have on small multi-family houses to offer i would greatly appreciate it.

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Investor · Front Royal, VA · Member since 2013 · 586 posts · 418 votes
7y

Paul, the reason you're not getting a ton of responses is because you posted in the commercial multifamily section. I'd check out @David Pere and Military to Millionaire about how to utilize your VA loan and learn a ton of other great stuff. Let me know if I can help!

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  • Investor · Front Royal, VA · Member since 2013 · 586 posts · 418 votes
    7y

    Paul, the reason you're not getting a ton of responses is because you posted in the commercial multifamily section. I'd check out @David Pere and Military to Millionaire about how to utilize your VA loan and learn a ton of other great stuff. Let me know if I can help!

  • Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 31k+ posts · 20k+ votes
    7y
    Originally posted by @Paul Farmer:

    Hey guys!! currently deployed and waiting to get back to start out my real estate investment career. Kinda nervous but mostly excited to start in the midwestern area. Any advise you have on picking the right property, right deal, and having a pretty solid plan on dealing with tenants? Should i be strict or lenient? Just any advise you have on small multi-family houses to offer i would greatly appreciate it.

     Welcome to the site Paul.

  • Investor · Parker, CO · Member since 2016 · 550 posts · 389 votes
    7y

    @Paul Farmer Welcome to BP and thanks for your service. Stay safe on deployment. Check out the Military Investing Forum; it's a great place to connect with other military investors (including me). Happy to help however I can.  

    https://www.biggerpockets.com/forums/834-military-investing

  • Rental Property Investor · Springfield, MO · Member since 2016 · 1k+ posts · 890 votes
    7y

    @Luke Miller Thanks for the shoutout

    @Paul Farmer Stuart gave you a good forum to get started on. There are several of us real estate investors lurking around the military, and BiggerPockets. Small multifamily real estate is how I got started, and is a great place to start, especially if you can house hack! Feel free to reach out with any specific questions you might have

  • Specialist · Tampa, FL · Member since 2012 · 933 posts · 492 votes
    7y

    @Paul Farmer  Thanks for your service. There's a pretty cool podcast with Eric Upchurch called Active Duty Passive Income. (ADPI)  May be a good resource to check out.

  • Member since 2019 · 15 posts · 9 votes
    7y

    Really do appreciate the advise guys. and I will defiently ask more questions. Glad and super excited to see that I have people actaully responding.

    @Tj Hines, @Stuart Grazier  


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