I am still relatively new to REI, but this past August I purchased my first duplex using an FHA loan. My full time job is in the insurance industry (commercial casualty) and got into real estate because of a friend of mine at work. He changed my perspective from that of a "renter" to an "owner". My goal with real estate is to create a viable second source of income to provide security for both my fiancé and I. So far BP seems like a great place to grow and learn along the way!
@Matt Madar welcome to the BP and REI community! Congratz on taking your first steps toward financial freedom! House hacking is a great way to build up equity and cash for more REI. BP is the perfect place to learn all there is to know about real estate.
Good luck in all your future REI ventures.
Welcome @Matt Madar
You'll find alot of useful resources to expand your portfolio.Also congratulations on your first purchase
Welcome to Bigger Pockets @Matt Madar i would suggest setting up a few keyword alerts to help you network with other investors in your area. Best of Luck!
Thanks for tip Melissa!
Matt, are you focused on just NKY or do you go across the river into OH? I find that the Cincinnati market is vibrant and diversified.
Ben, as of right now I am staying in Kentucky. I have looked at a few in Cincinnati, but found that the property tax seems to be much higher and potential returns would be greater in KY. I also set a rule with myself to stay within 10 minutes of downtown Cincinnati with this first owner-occupy.
I'm also in the same (Cincinnati) area, and have been debating whether to start out in Cincinnati or NKY. My familiarity with Cincinnati neighborhoods is fairly vast, but I have heard that property taxes can be better in NKY. What's your take on it? Do you have any specific examples to share what you mean about potential returns being greater in NKY?
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