All Forum Posts by: Abbey Humphreys

Hey Matt- love to see prepared and curious investors asking the right questions. Real estate investment in LA is always a good move so I would keep on keeping on in that market. Investing in an area in which you have personal involvement- your wife's family- is a wise decision, as well.

Finding a realtor that you trust to guide you in the process of finding the right locations is key. Louisville has seen consistent population growth over the years and it's been considered an affordable housing market, attracting first-time homebuyers and investors looking for more affordable options compared to larger metropolitan areas. The affordability factor can contribute to steady demand for housing. 

From what I understand, Buckner and Windy Hills are both safe bets in the greater metropolitan area of the city. 

Hey Jarrod! Welcome to the BP community. @Hamp Lee III has the right idea if you're not looking to make your REI into your primary residence- AirBnB and STR is the way to go. If you're planning to move soon and you don't intend to live in the property that you're interested in for any extended period of time, I wouldn't recommend house hacking or owner-occupied properties.

A DSCR loan for a turnkey property that you can rent out and manage from wherever you are could be a great option for you given your pursuit of basketball overseas. With this option, 15-25k in capital is a great start!

If your credit score is good and you have the right capital, you should definitely check out DSCR loan options for the financing of your next property. These loans are asset-focused, so once you find a property that you want to rent out, you can apply for a DSCR loan. There are many ways to work around your financing needs!

Mo Maktari is on the right track. House hacking will get you great returns if you're still cash flowing. If you and your fiancé are looking to settle in somewhere and eventually start a family, a revolving door of tenants can be an added stress. A Fix and Flip could be a great option if you're willing to get your hands dirty. Utilizing the BRRRR method would be a great way to build a portfolio with limited capital.

Congratulations on getting started on this incredibly rewarding journey! To start, I would dedicate a substantial time period to immersing yourself in forums here, watching videos from experts, and going to local real estate meet up events to start making connections. Take the initiative to connect with individuals who share your passions or those who have progressed further along a similar path.

Whenever it comes time to build your team, take the time to find people that you trust that you know will steer you right.

Ask lots of questions and don't be afraid to network and reach out to anyone and everyone that you feel may have good advice or may be a good member of your team.

Remember, the path to success is paved with continuous learning and connection-building. By actively getting out there, establishing relationships with like-minded individuals, and engaging in meaningful conversations, you are laying a strong foundation for your personal and professional growth.

Hey Alex! This is definitely a great opportunity and kudus to you for getting started early. I would save, save, save while you can! Living at home in order to save money is wise, and there are quite a few options near NYC for house hacking whenever the time is right.  

For instance, Jersey City offers convenient access to NYC via the PATH train or ferry. It has a growing real estate market, various neighborhoods, and amenities. You could also consider 
Hoboken, which has a lively atmosphere, a variety of housing options, and easy access to NYC through public transportation. Yonkers, Queen, and even Stamford, CT, are all good options, as well. 

Hi Robert, welcome back!

I'm sure you're bound to find the community, connection, and resources that you are looking for here on BP. Feel free please reach out with any questions you may have- would love to connect! 

I may be biased, but Austin, TX is growing with no signs of slowing down. The city is known for its vibrant economy, job opportunities, and quality of life and has seen significant population growth, leading to increased demand for real estate. 

Its also home to quite a few tech companies, including major players like Dell, IBM, Apple, Google, and Facebook. The strong job market and business-friendly environment have contributed to sustained economic growth, attracting a highly skilled workforce and creating demand for housing.

Also, historically, Austin has seen steady appreciation in property values. While past performance is not a guarantee of future results, the city's growing population, limited housing supply in certain areas, and sustained demand have contributed to a generally appreciating real estate market.

I hope that helps! 

You're definitely head of the curve getting started at seventeen! That's awesome. 

Wholesaling is a great place to start- you can get involved in real estate transactions.

Highly recommend attending local real estate investor meet ups. You will gain valuable exposure to what investors are looking for in a deal and learn how to start getting involved either individually or partnering with others. Hope that helps!