All Forum Posts by: Thomas Handy

@Daniel K. Kim I sent you a friend request.  We meet several times a week and the location changes.

Felipe,

Great goals but plan carefully. Buying in your location can be tricky. I have a SFH in Killeen but it has done well for the last 12 years when I bought it. There are plenty of deals but location is key.

Look for SFHs that are undervalued and find an agent who works on those areas.  You will most likely move two to four more times with the Army.  So where you go you will need to learn the market again since evey place is different.  

I know you are eager to buy but wait for the right deal.  Your patience will set you up for success.  Use Robert Kiyosaki's idea to look at 100 houses before you find the one house to put an offer in for.  

Tom

Mikhil,

I'm curious, what side of town are the properties on? I'm assuming central or the northeast.  You do need to take in to consideration the location.  Some are better than others and you need to take that in mine if you have to rent the homes in the future.  The quality of the tenant and location plays a big part in renting homes.  Some locations attract different types of renters. 

Tom   

Great work Oscar!  Stay focused on your goal. 

Hugo, David's group meets weekly - Wednesday evenings, Thursday at noon, and Saturday at noon and 6 pm looking at homes.  I'll send you the location for Saturday's event once I find out the location.    

@Andrew Schlessinger my friend David is a wholesaler and can help you out.  I'll send you a message with his information.

I think this would be a good idea to have a military forum. 

I live in El Paso and the taxes would be a little higher.  I have a $300,000 home and it runs about $8000 in taxes.  It is expected to be a little higher since a bond passed last month.

Also the trash bill which I didn't see above may be included in the water bill unless there is a seperate dumpster for the 4 plex.  

The previous comments are some good books and I will add a few more, the weekend millionaire's secrets to investing in real estate and building wealth one house at a time. 

Robert,

I'll send you a message since I post the contact information here.

Tom