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All Forum Posts by: Noah Schultz

Noah Schultz has started 1 posts and replied 2 times.

Post: Transition into College

Noah SchultzPosted
  • Rental Property Investor
  • St. George, UT
  • Posts 5
  • Votes 1

@Adam L. Thank you for the reply,

As far as income is concerned, is there a minimum amount of full time work history I have to build in the area before applying 3 months, 6 months, etc? I’ve heard conflicting answers to this. I will no longer be on active duty which means I’d only have drill pay coming in.

Thanks in advance

Post: Transition into College

Noah SchultzPosted
  • Rental Property Investor
  • St. George, UT
  • Posts 5
  • Votes 1

Good Evening everyone,

Active duty military here. I will be graduating from the local community college with an associates in Business Management, in the Spring 2019 as well as obtaining my Realators License.

In 2020 I will be transitioning from active duty to the reserves while going to full time for Construction Management for around 2-3 years in the Southern Utah area.

Now the question is... When I transfer out of state I plan on using the VA Loan benefit to start investing in real estate while in college, (starting off with a year of owner occupancy of course)

Aside from the research, and networking I can be doing until then is there anything else you would all recommend as far as strategy is concerned?

The plan is to go for a multi-family but due to full time education I’m considering doing a single family and house hacking it out with the girlfriend and roommates. (The real goal here is to live for free, learn the ropes, begin cash flow and hold on to the monthly housing allowance I will receive from the GI Bill) 

Oh, and I plan on taking the first semester off to build a full time work history and get to know the area as well as save up for any additional expenses.

Any feedback is appreciated, looking to network and learn.

Thanks in advance.