All Forum Posts by: Jesse Daconta

I'm also not a lawyer but I would recommend you ask your employer. They may have something in your contract that says you can't benefit from something like this. I doubt that's the case but it's worth the check.

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I agree with what @Ned Carey said.

You can also find a market you're passionate about and invest in another state. However, you will need to find and interview a team on the ground. Nothing is stopping you from purchasing a cheap ticket to survey an area you're interested in. Unless you're Navy in Virginia. I can only go up to 250 miles before I need a admiral's signature lol.

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I've never had to pay an origination fee before the closing of the building.

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I agree with what @Account Closed said. Also, start attending your local Real Estate Investor Associations (REIAs). Start rubbing elbows with some champions and provide value to them at no cost.

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Hey Nate,

The required living time is 1 year. You can only have 1 FHA loan at a time. However, you could refinance your FHA loan into a conventional loan and regain the ability to buy another house with an FHA loan. Message me if this doesn't make sense.

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Hey Christian,

I'm always happy to talk about apartment investing. A good book to read is The Best Apartment Syndication Book Ever by Joe Fairless.

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Hey Oran,

We haven't personally used anyone to develop our website but you can see what Wix offers without any coding involved (see below). However, it does take a lot of work to design how you want it to look.

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We're in syndications. My wife and I were never into the house hacking idea.

SFH/4 units or less = job even with property manager (personal experience)

Syndication/note owner = passive income

Good luck on your decision!

I'm excited for you guys!

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Hey John,

I agree with everything that @Matthew Walker said. Also, I recommend you find a property manager to take care of the fine details in terms of the lease agreement. They will also find you worthwhile tenants.

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