All Forum Posts by: George Wines

@Robert Kochanski Thanks Robert

@Brian Bellew I havent heard about how much I officially qualify yet, but I dont think I will have a problem getting around the 300K range. I talked to my lender yesterday and they told me that I was pre-qualified (I think that is the step before pre-approved). That is a strategy I would hope to employ over the years. House hacking sounds right up my alley.

@Matt M. thats not a bad strategy. I was living in one of those kinds of houses for a while, so I probably should have thought of that

@Rico S. Thanks for the webinar tip. That looks like the Ultimate guide to real estate investing but in video formats. Very nice

I really appreciate this post since Im in the same scenario as @James Lindsey but in Denver. Thanks to @David Faulkner and @Bill Gulley to play the devils advocate against cash-flow-is-king since for my first property, house-hacking is the goal.

Thank you @Troy Durrette and @Jared Bouzek. 

@Account Closed are you talking about buying a SFH and renting out different rooms in the house or buying a multi-family and renting out the doors I dont live in?

Thanks @Account Closed. Ill keep Cheyenne in mind for the second one. I plan on living in the first multi-unit. Im trying to cut my expenses first, instead of renting...pay no rent if the tenant(s) in the other units cover PITI. I think it may be wishful thinking in this area, but my job is in Denver so Im sort of stuck.

Thanks for the welcome @Mark Nolan and 

@Bill S.. Bill, I have been looking at different properties on the market and it looks like you are right...negative cash flow because of the high appreciation over the past couple of years.

Hey there,

I am new to the real estate investing game. I am currently renting in the Denver area and looking to get into a multi-family unit. I think the buy and hold strategy suits my personality best, but it doesnt really seem like there are many cash flowing properties in the area. Either way, Im really excited to get started and thankful to a mustachian Scott for telling me about BP.

George