All Forum Posts by: Jay J.

 QFT!

Welcome to BP @Corey Mason!! You have already set yourself up for success by joining BiggerPockets!! This is really the premier place to start learning about RE and what it can do for you!

Its good to see so many members from Cincinnati!!
1. First things first, learn the basics --> http://www.biggerpockets.com/starthere

2. Then, download the BiggerPockets Ultimate Beginner's Guide and start reading some more!!
The UBG will will walk through many of the key topics of real estate investing. Ask anyone here, its an invaluable resource. --> https://www.biggerpockets.com/real-estate-investin...
3. Once that's done, get to listening to the free BiggerPockets Podcast - A really great podcast with interviews and a ton of great advice. --> https://www.biggerpockets.com/renewsblog/category/...
4. Now you're ready to face the RE world !! GO GET IT!!

Good Luck!!

Welcome to BP @Susan Barry. You have already set yourself up for success by joining BiggerPockets!! This is really the premier place to start learning about RE and what it can do for you!

That's awesome you've already purchased a few SF's! I'm sure you'll be able to provide some SFH insight from your experiences! In case you haven't already, here are a few links to some great resources here at BP..

1. First things first, learn the basics --> http://www.biggerpockets.com/starthere

2. Then, download the BiggerPockets Ultimate Beginner's Guide and start reading some more!!
The UBG will will walk through many of the key topics of real estate investing. Ask anyone here, its an invaluable resource. --> https://www.biggerpockets.com/real-estate-investin...
3. Once that's done, get to listening to the free BiggerPockets Podcast - A really great podcast with interviews and a ton of great advice. --> https://www.biggerpockets.com/renewsblog/category/...

Good Luck!!!

Hello Carlos! I'll admit, I didn't read the whole thread here, but one thing I noticed is the VA loan.
I'd double check, but I'm not sure you can buy an 'investment only' property with the VA loans, I think you need to occupy it.

Granted, if you live close to the state line and plan on living there, forget all of this..

:-)

Welcome to BP @Brittney Mebus!! You have already set yourself up for success by joining BiggerPockets!! This is really the premier place to start learning about RE and what it can do for you!

That's awesome you've already been looking around for properties, but take Rodney's advice, being far away from "hip area's" can turn a good deal in to a dud..   

but while you're searching for things to read;
1. First things first, learn the basics --> http://www.biggerpockets.com/starthere

2. Then, download the BiggerPockets Ultimate Beginner's Guide and start reading some more!!
The UBG will will walk through many of the key topics of real estate investing. Ask anyone here, its an invaluable resource. --> https://www.biggerpockets.com/real-estate-investin...
3. Once that's done, get to listening to the free BiggerPockets Podcast - A really great podcast with interviews and a ton of great advice. --> https://www.biggerpockets.com/renewsblog/category/...

Good Luck!!

@Aaron Smith are you familiar with the area in Covington where the property is located? Sometimes that area can be sort of 'hit or miss'..

Price seems good, but I'd be looking in to the area in more detail..

(image from Trulia, not the best, but gives you an idea of what I mean)

How bad is "rough part of town" and how involved is the "need a lot of rehab"

..that will dictate your numbers (https://www.biggerpockets.com/buy-and-hold-calcula...) 

and the numbers will tell you if its a good deal or not.

Seller financing would still be an attractive option for the buyer if you position a deal that benefits both parties. 

Although, your agent has a point, but just like any property, you've got to do the legwork to to make sure it's a good deal.

Nice!!!  Keep the momentum going!!

What's up @Zach Gamel ?!?  Welcome to BP!! You have already set yourself up for success by joining BiggerPockets!!This is really the premier place to start learning about RE and what it can do for you!  Its awesome to see so many other Cincinnati Investors!! 
1. First things first, learn the basics -->http://www.biggerpockets.com/starthere

2. Then, download the BiggerPockets Ultimate Beginner's Guide and start reading some more!!
The UBG will will walk through many of the key topics of real estate investing. Ask anyone here, its an invaluable resource. --> https://www.biggerpockets.com/real-estate-investin...
3. Once that's done, get to listening to the free BiggerPockets Podcast - A really great podcast with interviews and a ton of great advice. --> https://www.biggerpockets.com/renewsblog/category/...