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All Forum Posts by: Marcus Long

Marcus Long has started 0 posts and replied 83 times.

Post: Investing in Columbia, Missouri

Marcus LongPosted
  • Rental Property Investor
  • Leawood, KS
  • Posts 102
  • Votes 104

@Jared Ebert I have one property (a 3br 2ba condo) in Columbia, MO. I actually purchased it as a primary residence in 2004. However, I've rented it out since I left in early 2008. It is in a HOA that doesn't allow undergrads, so most of my tenants have been young professionals. There have been been four different tenants in the last 12-13 years, but it is rented for the same amount as other properties in the community and has been vacant for less than two months in that time.

Post: Newbie currently residing in England

Marcus LongPosted
  • Rental Property Investor
  • Leawood, KS
  • Posts 102
  • Votes 104

@Emily Foote What part of England are you all currently living? I'm active duty myself and live near Cheltenham. 

Post: Questions reguarding VA mortgages.

Marcus LongPosted
  • Rental Property Investor
  • Leawood, KS
  • Posts 102
  • Votes 104

Welcome @Joseph Kilpatrick! Check out this article written by @David Pere

https://www.frommilitarytomill...

He has a couple other articles, videos, etc as well discussing the VA loan over on https://www.frommilitarytomill....


Cheers,
Marcus

Post: New BP Member in Jacksonville, FL

Marcus LongPosted
  • Rental Property Investor
  • Leawood, KS
  • Posts 102
  • Votes 104

Welcome @Dylan Lein! Great to see the increasing number of active duty and veterans taking advantage of this resource and community. I saw that you flew unmanned aircraft while in the Army.... I have more experience over the past few years in countering them! ..but "unmanned" always catches my eye.

Cheers,
Marcus

Post: Army Veteran, College Student, and Total New Guy

Marcus LongPosted
  • Rental Property Investor
  • Leawood, KS
  • Posts 102
  • Votes 104

Welcome @Benjamin Behlmann! As you know if you've been following, there are a ton of great resources here on BP. There are a lot of active duty and vets as well both on here and in some other military focused groups. We've all made mistakes and had setbacks, so congrats on having the mindset to overcome that and turn the tide!

Cheers, 
Marcus

Post: New member in Tacoma Wa, looking to meet other members!

Marcus LongPosted
  • Rental Property Investor
  • Leawood, KS
  • Posts 102
  • Votes 104

Welcome @Alexander Grinberg! It's great to see the growing number of military joining! There are a lot of resources available for us to leverage! 

Post: Newbie from Columbus, OH

Marcus LongPosted
  • Rental Property Investor
  • Leawood, KS
  • Posts 102
  • Votes 104

Welcome @William Taylor! It's great to see the growing number of active and veteran military joining the community to learn and grow together. And congrats on closing in on your military retirement! 

Post: New Member from San Diego

Marcus LongPosted
  • Rental Property Investor
  • Leawood, KS
  • Posts 102
  • Votes 104

Welcome @Adit S.! There is an increasing number of both active and veteran military within the community to learn and grow with. Congrats on your VA loan house hack!

Post: Rural area rental investing

Marcus LongPosted
  • Rental Property Investor
  • Leawood, KS
  • Posts 102
  • Votes 104

@Craig Story I am in the military as well (currently stationed in England) and many of my current investments are in rural Missouri. In those rural communities that I invest in there is a high demand for rentals, however the rents are significantly less than suburban areas, so we know that there are specific types of properties and price ranges that are likely to be profitable. As @Jaron Walling mentioned, it's important to do the analysis to ensure it cash flows. I will highlight that having a team in rural areas (depending on how rural) can be challenging. I benefit from some partners living close to our properties, however property management, contractors, etc can be more challenging to come by in rural areas so look into property management or available contractors in making your decision. 

Post: Renting while paying off a -plex in the military?

Marcus LongPosted
  • Rental Property Investor
  • Leawood, KS
  • Posts 102
  • Votes 104

@David Pere All of the properties are in Northeast Missouri including Columbia and Kirksville and in some rural areas between there and the Mississippi River. I'll drop you a message so we can set up a time to chat!