Military spouse interested in Real Estate

Military spouse interested in Real Estate

Member since 2020 · 2 posts · 0 votes

Hello there,

I'm thrilled to be joining this community! As an immigrant, I've had to work hard to create a new life for myself in a new country. It hasn't always been easy, but it's been worth it. And now, I'm excited to explore the world of real estate investing as a way to create a stable and secure future for myself and my family.

As a military spouse, I've had to move around a lot, which has made it difficult to put down roots and build the kind of stable future I've always wanted. But I'm not one to give up easily. I'm determined to make the most of my situation and create a life that is full of happiness, security, and love.

I believe that real estate investing can help me achieve my goals of retiring early and spending more time with the people I care about most. And I'm eager to learn from all of you and share my own experiences as we navigate this exciting and challenging world together. Thanks for welcoming me into this community!

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  • Hamp Lee IIIPro Member
    Real Estate Agent · San Antonio, TX · Member since 2019 · 1k+ posts · 832 votes
    3y

    Welcome to BP and the world of investing. One of the easiest ways for military to get started is using their VA loan to purchase a home at their current duty station and renting it out once they are reassigned. Then, at the new location, purchase another home using their remaining VA loan benefit, based on the entitlement remaining.

    I’m active duty Air Force and have done this a few times.

    I’ll share a few other points:

    1️⃣ Download this ultimate beginner’s guide: https://assets2.biggerpockets.com/uploads/user_file/file_object/1694/UBG_2018.pdf

    2️⃣ Read BP beginner books on investing: https://store.biggerpockets.co...

    Also read, Rich Dad, Poor Dad by Robert Kiyosaki

    3️⃣ Subscribe to BP podcasts or YouTube channel and watch their webinars.

    4️⃣ Ask questions here on the forums.

    5️⃣ Visit (join) a local (and legit) real estate investment association.

    6️⃣ Consider joining a BP bootcamp: https://www.biggerpockets.com/blog/real-estate-investing-bootcamps

    I wish you all the best in your investing journey.

  • Member since 2020 · 2 posts · 0 votes
    3y

    Thank you for these amazing resources!

    The technique you proposed is what we intend to build on. However, asides from that we believe we are comfortable to add one extra investment property per year. 

    I will private message you.

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