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All Forum Posts by: Demario Scott

Demario Scott has started 11 posts and replied 63 times.

Post: New member to the Bigger Pockets family

Demario ScottPosted
  • Belleville, IL
  • Posts 70
  • Votes 25
@Trevor Muzzy I have been reading Scott trench’s set for life. In set for life he speaks of creating financial runway building that emergency and I believe I have saved a good emergency fund. With regard to the cash flow I have not ran the numbers on many deals maybe only a handful. With that in mind I know I should run more numbers to find deals, but is there anything else I should be doing to find deals. And the cash flow piece will be important so I really need to execute well there. @Michael Limina I was quite nervous to buy in Charleston because I didn’t plan on it being my primary residence. I have been warming up to the area however through research. I’m looking to get a single family but I am open to the idea of a duplex or triplex if the numbers come out well. I am looking to pay around 150 - 200k and I’m looking at a 3-4 or bedroom on a property built relatively new. I am not sure if that’s really possible in the market but in the next 4-6 months I would like to close on a property meeting similar standards.

Post: New member to the Bigger Pockets family

Demario ScottPosted
  • Belleville, IL
  • Posts 70
  • Votes 25

Trevor with you house hack about how long did it take you to start cash flowing after closing cost and and repair and anything additional? Also I planned to to to live in the property for about two years I have been contemplating keeping once I buy but I will be moving to the St Louis area and I am honestly apprehensive about long distance investing. Michael I see that you are working in the Charleston area maybe insight on that would be great. I am reading set for life and I like the concept of living near work to cut down on travel expenses. With travel in mind I am looking to move within minutes of the base if you are familiar with the North Charleston area.

Post: New member to the Bigger Pockets family

Demario ScottPosted
  • Belleville, IL
  • Posts 70
  • Votes 25

Hello,

I am Demario Scott and I have recently subscribed to the bigger pockets many platforms. I am a 21 year old male in the united states Air force and I am currently stationed at Joint base Charleston. I have recently delved into the bigger pockets podcast podcast and I have listened to virtually every podcast, I've read the ultimate begginers guide and I am currently working on set for life by Scott Trench. Through my research i have decided that a house hack for my first property would be ideal I am a young man with no debt and a decent lump some of money that  is liquid. I want to reinvest to start my journey to FI. I desire to buy a property in Charleston, SC to house hack as my first initial step if anyone has information or would like to contact me I am all ears and willing to listen, learn, and help. I have never purchased a property before and its quite exciting. I plan to use my GI bill so if anyone has information on it as well I am game to learn. I am currently on a deployment overseas and I am not sure if I have enough ground work done to buy while deployed. Nevertheless I am educating myself and looking to converse with some like minded individuals. I look forward to being more active within the community and growing in the bigger pockets family.