All Forum Posts by: Justin Dixon

thanks Travis I will look into going to that, have you started your investing journey and if so what's type of property do you buy? 

I'm in Raleigh NC, and if I were to do what your saying Kevin I may as well get a duplex right? Because a SFH normally would be 2-3 bed rooms with one being mine and it just seems like being a roommate with someone who shares the same bathroom, kitchen, and living room area would make the dynamics a little confusing right?

I can put 15% down on a home that has the purchase price of $100,000. But instead I Ben thinking about doing 100%  financing instead since my long term goal is to hold on to it as a rental property. And if for whatever reason whatever reason that doesn't work NC  appreciation will cause the home value to increase anyway so I would just sell it for a profit of my original plan doesn't work out. Any thoughts about this?

i would like to do that but the only bad thing about that is I live in North Carolina (the aka  retirement state) and since I'm in this for the long haul the bad thing about the duplex is most of all duplexes in my local area are in bad parts of town for 1 and 2 our market turnover for duplex tenants are high 2 and lastly for me starting out getting a duplex would mean I have to manage more then one tenant at a time which could be a little difficult for me being a newbie and all. Thanks for spending time to reply to me tho!

I have looked into house hacking but from all the forms I have read it seem to only work really well with multi family homes and live-in-flip. I have yet to find a form on how someone starting out and wanting to be in SFH for the long term for buy and hold have done it to success. But I appreciate you taking time to write me back.

So I have done a lot of research as well as been to a few seminars but I haven't be able to find any real estate investors in my local area. So next week I'm going to make the 2 hour drive to the closest REIA. Hopefully I will meet someone there who will be will into show me a few things in return for me adding value to them whatever that may be, such as a free intern, free tech support (in the last yea of getting a computer science degree) or just free labor worker for there properties. But the one question I have is that I'm only 21 and want to do buy and hold investing for the long term because I love my current IT job but I also love real estate as well. Should I go out and buy my first house and live in it for a year then try to rent it out? Or should I buy it, rent it out then continue to live in my condo I live in now?

So I have done a lot of research as well as been to a few seminars but I haven't be able to find any real estate investors in my local area. So next week I'm going to make the 2 hour drive to the closest REIA. Hopefully I will meet someone there who will be will into show me a few things in return for me adding value to them whatever that may be, such as a free intern, free tech support (in the last yea of getting a computer science degree) or just free labor worker for there properties. But the one question I have is that I'm only 21 and want to do buy and hold investing for the long term because I love my current IT job but I also love real estate as well. Should I go out and buy my first house and live in it for a year then try to rent it out? Or should I buy it, rent it out then continue to live in my condo I live in now?