All Forum Posts by: Taylor Hudgins

About Us:  Our mission with InvestHer is to support and inspire WOMEN real estate investors around the globe to live a financially free and balanced life. We are dedicated to creating empowering online and in person communities where WOMEN have a non-intimidating environment to ask questions and receive the support they need. Our vision is to see all WOMAN investors achieve HER financial freedom goals on her OWN terms.

This event: Hampton Roads is such a great place to invest; especially with our proximity to different opportunity zones! Nancee is a pro when it comes to all things opportunity zone related. She’s going to cover all the pros and cons along with the amazing benefits on the way.

Nancee Tegeder, Esq. is a Partner at Crowdfunding Lawyers LLP where she advises clients on matters related to crowdfunding, syndications, commercial real estate transactions, and securities laws. Nancee is the leading expert at our firm on opportunity zone funds. She has written articles, presented seminars and completed opportunity zone-specific securities offering documents for many clients. Prior to joining Trowbridge Sidoti LLP, she worked as in-house counsel for multiple small businesses, advising them on business structures, intellectual property matters, and contract law. Nancee also owned her own estate planning law firm in Arizona for five years. She is licensed in California, Arizona, and Utah. Nancee graduated Cum Laude from the J. Reuben Clark School of Law (Brigham Young University) in 2004.

See you there InvestHers!

Taylor

@Marion Lee Of course!  Sending you their contact info now. :) 

@Carlos Lizarraga No problem at all! And not necessarily a bigger down payment if you use it as a primary residence! You can even use the VA Loan with 0% down to buy a property up to 4 units. The down parts depending on how you view it is living with people in closer proximity and potentially a smaller living space (compared to a large single family), but you'd be there only for a few years so it may be something you're open to! The other piece you may want to consider is management of the property. You could definitely self-manage to save money, but you could also use a piece of the cash flow to pay for someone else to self-manage.

At the end of the day though, you'd have not one, but two units! You'd also be living with an extremely low mortgage to pay with the incoming rent from the other tenant.  You may not even have to contribute your income to the mortgage payment if the rent from the other unit covers the entire payment!  You would be able to save money at a much faster rate and be ready for your next property by the time you decided to move again.

Both strategies are great though no matter which way you go!

Hi @Carlos Lizarraga!  That's awesome!  Norfolk also has quite a few multi-family properties as well if you're open to house-hacking a duplex while you're living here.  It would be a great way to start with cash flow right off the bat!  Have you and your girlfriend thought about trying to go that route as well?

Welcome to Hampton Roads @Derald Frazier! Danielle is spot on with the real estate licensing course. I did mine with Advanced School of Real Estate with Bob Chance on VA Beach Blvd - highly recommend him if you enjoy in-person learning for your license. He does a great job breaking down everything you need to know (and things you don't need to know) for the exam. Best of luck!!

Hi @Kenny Rains!  I love pets - and the additional cashflow that can come with them (in hopes you're only replacing a small amount of carpet at the end of their tenancy).  Just make sure that you're including a pet addendum or at least including a pet section as part of your lease.  Make sure to clarify that the up front pet cost is a NON-REFUNDABLE pet fee.  That way they know it is separate from the security deposit.

Hi @Quinton Singleton!  There are still wholesalers rocking and rolling here in Hampton Roads!  I'd be happy to send you some of their contact info!

@Andrew B. Bahaha That's even better!!!!!  If you can do that in a pandemic, you're really going to be rolling once everything is moving and grooving again!!  Congrats again Andrew!

@Danielle Bulla Isenhour Oh!!! That's still awesome!  Purchasing deals from previous clients is a creative way to purchase!  

@Tia Wilson Oh that's great news!!  Definitely start there.  Also feel free to head over to a local meetup near you to see who other local investors are using for funding.  Recommendations are a huge help in the game!  Have you been to any of the meetups in your area?