All Forum Posts by: Emily Howlett

@Charlie Cameron thanks looping me in! 

Remaz: Yes, you can apply using a number of different entities. If you go to http://www.dpor.virginia.gov/u... that’s a copy of the license, where it very clearly lets you mark what kind of entity you want to apply as :) I hope this helps and best of luck in your new adventure. If you ever want to chat, let me know....I’m always looking for new RE people in the DC area! 

@Richie Thomas I have a great realtor/PM who I can put you in touch with. PM me your email address and I’ll send an intro email to you and her.

@Justin Hunter welcome to the forums!

@Matthew Tussing It sounds like you have a good idea of your analysis, so that's a solid start. You're also correct that even if you don't break even, your living expenses would be drastically reduced, which is always a step in the right direction. 

If you decide to start looking at properties, I would be happy to set you up with my agent in the area - she's absolutely fantastic to work with and is quite familiar with military and VA processes.

@Matthew Tussing Welcome to the adventure called real estate! The answer to your question is...it depends.

What do the numbers tell you? Have you run the numbers with the VA loan with money put down rather than zero down? Would that get you where you want to be? What kind of rent would you be looking at for the two roommates? Where else would you be looking at investing and what would your return on that be vs. house hacking? For me, house hacking is a great option since living costs tend to account for some of the highest expenditures otherwise, but everyone is different.

I’d be happy to talk more specifics if you’d like.

@Jenna Walker I believe it's in the White Oak Estates area, but it's kind of undefined.... It's near Northeast Creek Park if that helps.

@Toney Sharpe Jr I have owned a duplex in the area for a year or so now, and it filled up right away and has stayed occupied ever since. It’s a short time frame, but my PM has also told me that the rental market is pretty hot right now.

Congrats! It sounds like a great investment. If you don’t mind me asking, which lender did you go through for your financing?

Hi Jay! I'm currently working with an agent in Jacksonville who has been great and - even better! - specializes in working with investors. Her name is Whittney Crouch - PM me for her contact info.

@Trenton Miller Trenton - would you be willing to send that information to me as well? I've been looking in the Jacksonville area and would be interested in MFH properties