All Forum Posts by: Jeffrey Gagnon

@Jeff B. so do you think its best to analyze the properties as though i wont be living in them? 

Hello bigger pockets!

I am looking into buying a duplex in the near future. From what i have been reading and listening to, typically its a good idea to look for 12% ROI. I plan on house hacking so obviously this will take away half of the income from rent. What kind of numbers should i look for? Should i look for the tenant to pay for the mortgage and the costs? or them pay the mortgage and myself pay the expenses including cap ex etc? Im just not sure how i should do the math to ensure a good deal. Thanks in advance

@Matthew Swisshelm - im curious to talk to you more about the steps you are/were taking when looking. hope you will accept my request and we can talk more. :)

@Ibn Abney, thank you you answered alot of my questions, I never thought about looking at companies financial statements. Following the growth of the companies in the area could give real incite to where the market is heading, better or worse.

@Matthew Swisshelm I am planing to rent an apartment so i don't rush into something that is not a good deal. SFR seems like a great opportunity in the area. I do not want to deal with room mates, which is why i plan to rent a apartment until i can find a deal i'm happy with.

@Matt Morgan thanks! I will contact her 

@Matt Morgan, any recommendations on a good realtor for someone looking to invest in multi families? 

That was my plan. however it seems the multi families that are currently available in the omaha area are on the east side of Douglas county and i'm not trying to live in that area of town. I think i may have to do some driving for dollars and other things to find off market deals to get something that is profitable and in a decent area.

@Marina Loos thank you for the information, i was worried about the safety of the areas because of the crime maps i was looking about but since its a highly populated with military members im not as worried.

@Brian Egr; seems to be plenty of SFR in the area but im hoping to buy a multi family so i can live in the other half and have toe mortgage paid for when i alm living there and then get some cash flow when i eventually decide to move, additionally it will allow me to learn to be a land lord. then i hope to expand to other SFR or multi families.

@Brian Egr, how are the areas around the base? it seems like to the west of the base is ideal? how is the bellevue area? i'm looking to buy a multifamily and house hack to get my feet wet.

I have been reading "The ABCS of Real Estate Investing" and I got to the chapter 5 action steps. i was wondering if anyone had any tips on how to go about analyzing the markets and sub markets over the internet. I am moving to the Omaha Nebraska area (I am military working at Offutt AFB come June).  I feel like there is a ton of markets and don't know where to start. 

Additionally I am wondering how the crime maps relate to the housing area. an example being Trulia crime map. 

Thanks in advance