All Forum Posts by: Jameson Hooton

Jeez.  As a different kind of business owner/freelancer (photographer), I will never understand not showing up.  Not showing up means getting no money, AND hurting your reputation.  Why??

@Alan Strong, you rent out your maintenance team to other investors?  I'd love to hear more about that!

I'm also interested in good recommendations for handymen and general labor. @Nate Rohlf, what kinds of projects did you have these handymen doing that they failed to do properly?

@Camren Hron, my wife and I are doing a live-in-flip to get started, but we're starting to look for properties to BRRRR in the Benson area. Hoping to buy my first real rental property in 2020.

How about you?  

Hey @Camren Hron!  Nice to meet you!  I'm also a newbie investor in Omaha.

Welcome, @Christina Colon!  I agree with the great comments from @Marina Loos, @Anthony Gayden, and @Chris Egan.

In my mind, it really does depend on your goals.  I could imagine one of two routes:  

1) You get a house close to the base, in Bellevue. Since you're planning on living in the property, that will maximize your quality of life while you're living there by minimizing your commute. Plus, the military families coming to Offutt could give you a steady stream of renters. The homes there are newer and less likely to have issues common to older homes - but if you're a BRRRR investor, that might limit your potential to build equity through rehab.

2)  If you're looking for a BRRRR investment, you might want to look at older homes through the heart of the city, like Chris pointed out.  Just pay attention to individual neighborhoods.  As you get further north, crime can be spotty and property values go down.

Thanks, guys!  Follow up question:  How much money, on average, do you set aside for maintenance and repairs, capex, management, vacancy, etc?

Omaha is great! Let me know if you have any questions about it!  You definitely want a local on the ground if you’re investing from out of state, since the neighborhoods are so different.  

Hey all!  I’m looking for a new CPA.  Would love one with experience both with rental properties and with general small businesses (I also own a photography business with my wife.)

Anybody have someone they love in Omaha?

Hey all!  I’m looking for a new CPA.  Would love one with experience both with rental properties and with General small businesses (I also own a photography business with my wife.)

Anybody have someone they love in Omaha?

@Collin Schwartz, don’t you have a property management company?