All Forum Posts by: Kevin Hunter

@Samuel Whelan, welcome to BP.  TOns to learn here and tons of great people to learn from.  There is a nice CT presence as well.  I suggest you listen to a podcast from a couple of months back focused on by the room rentals in college areas.  It will provide you with a lot of answers to your questions.  Good luck!

@Charles Mitchell, all the large banks, like the ones suggested above will require seasoning.  To be honest, I think you need to keep calling.  Those smaller banks and credit unions exist, but there are much fewer of them.  I would start with a list of 100 banks and call them all.  Have a portfolio package you can provide if asked.  Good luck!

@Nicholas Pisanelli, welcome to BP.  Tons of great people to network with and tons of great information to learn here.  I invest in Fairfield county although I have analyzed some deals in Meriden.  Good luck!!

anybody have a team in place in Huntsville??  :)

@Ernesto Perez, congrats on your successful military career and congrats on getting moving in the real estate market.  Tons of people to learn from and tons of information to glean.  Good luck!!

@Tim Houzenga, BP has introduced me to two of my real estate agents, my mortgage broker, one of my property managers, one of my general contractors, two business partners, hundreds of hours of education through the podcasts, hundreds of books, SO FAR!!

@William Fox, welcome to BP.  You have come to the right place to learn and network.  There are a lot of military members here, me included, that can provide insight, guidance, lessons learned etc... just reach out to them.  Not smart on the Monterrey area myself, but there are a lot of people here who are......Good luck!

@Braden Hobbs, when exactly is he deploying. If it is this year, it is hard scheduled and he will know the exact date plus or minus a week or so. I say that from experience. Based on the answer to that question I can give you a better recommendation.  Without the exact date, I will guess.  You said a "couple of months" after June.  That to me means August. If that is the case, go inspect the property now, and schedule an inspection in early June prior to the end date of his current lease.  If the property is in great shape, and remains in great shape, I would allow him to stay. If it is not in good shape, and you expect to do repairs, then he needs to leave on timeline. On the lease extension addendum I would ask him to agree to allow you to show the property to new tenants before he moves out. This will cut down on the turnover time. Additionally, don't allow month to month, but a set lease ending date based on his deployment date. No ambiguity.  

Good luck.

@Cody Summers, that is a really smart question to think about and ask.  The answer is that as long as you pay your bills, you won't have any issues.  I have been investing in real estate as an active duty service member since 2003 and never had any issue having my clearance reviewed or upgraded. As you acquire more debt, in this case real estate being good debt, versus credit card debt (revolving), which is bad debt, you just need to be open and honest in the interviews and there won't be any issues.  Good luck!

@Vasilii Baban, with that in mind, get moving.  Woodbridge is a great place to do just that, and there are some areas, specifically east of Rt 1 where you can do really well.  Good luck!