All Forum Posts by: Jacob Sanders

Honestly, it greatly hinges on your investment guidelines. While many anticipate adhering to the 1% rule, in today's market, achieving that is exceedingly challenging. Do you have any specific guidelines you like to follow with your investing?

I think @Shawn McCormick hit the nail on the head. Lake Nona is definitely a great location, and I also speculate that we'll see continuing appreciation throughout the coming years. If your focus is to accommodate your mom and you can hold onto the property for a bit, I think you could definitely build equity and eventually generate cash flow from it.

@Flavia Vangelotti Right now, the Orlando market is tough because prices keep going up. But, the value of properties has been going up steadily, and lots of people want to rent. 

So, even if a deal seems just okay this year, it could turn into a really good one in the next couple years.

Also, selling houses in Orlando is super competitive these days. Some homes are sold in less than a couple hours! I recommend looking within an hour's drive of Orlando where the numbers look better, and there's not as much competition.

@Jay Hinrichs thanks! 

It was good enough for a VA loan so there's that. The biggest issue was having far below market rents when I purchased. At competitive market rates now and still have original tenants. I've kept 100% occupancy since I purchased it.

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Albuquerque.

Purchase price: $475,000
Cash invested: $118,000

multi-family buy & hold investment in Albuquerque.

How did you finance this deal?

Investment loan

Lessons learned? Challenges?

I have since discovered more lending options. Which would have kept more money in my pocket.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Shane Dolinski 505-720-3110

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Hillsboro.

Purchase price: $490,000

This was my first property. Multifamily buy & hold

How did you finance this deal?

Va loan

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Hillsboro.

Purchase price: $490,000

How did you finance this deal?

Va loan

Investment Info:

Single-family residence buy & hold investment in Los Lunas.

Purchase price: $264,000
Cash invested: $30,000

Used a conventional loan and "lived in" the property until "unforseen events" required me to move out.

How did you finance this deal?

Conventional loan

 That's awesome, small world!

Hi @Nick Huffman welcome! I am a investor and newly licensed realtor. also looking to expand my social circle. Originally from Oregon so I can give you all the reasons not to live there and why the 2 month long summer is amazing! 😂 Feel free to reach out, I'm always glad to make new connections.

Hi @Kerline Jean- Baptiste I completely understand what you're going through. I remember how nerve racking it was taking my first steps into real estate. My first investment property was also a multifamily! I don't think of myself an expert but I have done enough to know basic strategies. Feel free to connect for information. I'd love to help as much as I can!