All Forum Posts by: Hamp Lee III

Welcome to BiggerPockets!

House hacking is a great way to start small but take action.

Here are a few of my recommendations for getting started:

1️⃣ Download this ultimate beginner’s guide: https://assets2.biggerpockets.com/uploads/user_file/file_object/1694/UBG_2018.pdf

2️⃣ Read BP beginner books on investing: https://store.biggerpockets.co...

Also, read Rich Dad, Poor Dad by Robert Kiyosaki and Think and Grow Rich by Napoleon Hill

3️⃣ Subscribe to BP podcasts or YouTube channel and watch their webinars.

4️⃣ Ask questions here on the forums.

5️⃣ Visit (join) a local (and legit) real estate investment association.

6️⃣ Consider joining a BP bootcamp: https://www.biggerpockets.com/blog/real-estate-investing-bootcamps

I wish you all the best in your investing journey!

Welcome to BiggerPockets!

Congrats on taking action!

I wish you all the best.

Great find!

Thanks for sharing!

I wish you all the best.

Make sure the property will cash flow as an LTR first, so if the STR doesn't work out, you can pivot.

I wish you all the best.

Welcome to BiggerPockets!

I'm active duty Air Force and maxed out my VA loan benefit with three properties.

Converting a primary residence into a rental is a great way to start.

You can also look to get your real estate agent license or license in another field of real estate, like home inspector or mortgage loan originator.

There are Skillbridge programs for real estate as well.

Like you, I'm a couple of years from retirement and wanted to start now to build a solid foundation for our next chapter.

Let me know if you want to chat further.

I wish you all the best.

If you find it's cheaper to buy (or want to find out), check out the Neighborhood Assistance Corporation of America (NACA).

NACA was formed in 1988 and provides an affordable option for potential first-time buyers:

✅ No down payment

✅ No closing costs or fees

✅ No mortgage insurance

✅ No consideration of credit score

✅ Below market fixed interest rate

There are several requirements to be eligible for the program, starting with attending one of their workshops.

https://www.naca.com/

I wish you all the best.

Welcome to BiggerPockets!

I've converted my primary residences to long-term rentals. It's a less costly option if you don't mind moving.

I'm active duty military, so it comes with the job for me.

I wish you all the best.

Welcome to BiggerPockets!

Congrats to you and your husband for starting your real estate investing journey! Building long-term financial wealth one house at a time!

I wish you all the best.

I know this is an older post, but I was searching for "fix and flip software," and this post came up.

Glad I found it!

This is a project to conduct your most diligent due diligence if you proceed.

Please keep us posted on the outcome and progress. 

I wish you both all the best.