All Forum Posts by: Tyler Flagg

@Adam Rezner welcome to BP! I'm an Air Force guy myself and just got started investing back in April. As I'm sure you can tell already, this website is awesome and filled with extremely supportive and helpful people. It's worth it's weight in gold as long as you stay active and ask questions. I've actually got the exact same goal as you in terms of being financially independent by the time I'm 35...unfortunately I only have 7 years to get there instead of 10 haha. Feel free to drop me a line if there is anything I can do to help. Best of luck brother.

@David McDonald-Hunt welcome to BP! I'm an Air Force guy myself and just started investing back in April. You'll find that this website is worth it's weight in gold as long as you stay active and asks lots of questions. Feel free to send me a message if there is anything I can do to help. Best of luck to you!

@Kristopher Pruitt welcome to BP! I'm an Air Force guy myself and just got started investing back in April. This website is awesome, and it's worth it's weight in gold as long as you stay active and ask tons of questions. Feel free to drop me a line if there is anything I can do to help. Best of luck to you. 

@Hamp Lee welcome to BP! Congrats on taking the first step of your journey. I'm an Air Force guy as well and just got started in real estate back in April. It has been awesome so far, and I assure you that Bigger Pockets is worth its weight in gold as long as you stay active. Enjoy Biloxi and feel free to send me a message if there is anything I can do to help. Best of luck to you.

@Brandon Tahincioglu welcome to BP! I'm a military dude myself (Air Force) and just started investing back in April. I was born and raised in Jersey City, but live out in New Mexico and invest in Oklahoma haha...so I understand the struggle when it comes to deciding where to invest. Feel free to send me a message if there is anything I can do to help. Hope the Garden State is treating you well...best of luck!

@Greg Baur welcome to BP! I'm an Air Force guy as well and just got started investing back in April. Although I live in New Mexico, I invest in Oklahoma City (love the place, and love the market). I own a few properties around the Plaza district too, and every time I visit it seems like another house on the block is being renovated or flipped...so it's definitely reassuring that other investors consider the area to be up-and-coming. Feel free to send me a message if there is anything I can do, best of luck to you!

Hey folks,

Prior to becoming a PRO member, I'd been using the "Property Evaluator" app from Realestatetools.com. Although I like the BP format more, the other app made it possible to view the metrics of your whole portfolio. I really like that aspect, because it allows me to think about the big picture and really see where my money is going. Has any thought been put into adding a feature like that? Thanks a bunch.

Tyler

No problem at all man...glad I could help. The VA loan regulation is definitely a bear of a document, but it's got some pretty interesting info in it. I wrote a blog post a while back if you're interested.

VA loan house hacks

Good luck brother

@Zach Burnett hey man, welcome to BP! I'm an Air Force guy as well and live out in Clovis, NM. I just started investing in April and decided that Oklahoma City would be a great place to start...so you're definitely in a good location! As I'm sure you've already figured out, this is an awesome website that is worth it's weight in gold as long as you put yourself out there regularly. Feel free to send me a message if you ever have any questions. Best of luck to you!

Hey @Ross Ellington thats a really good question. I'm planning on using a VA loan myself for a 4-plex pretty soon...so I've been doing a lot of research as well. As for your question, I think you'll find a pretty good answer in this document.

VA Lenders Handbook

Look under "Chapter 5: Occupancy"

Essentially, you need to "intend to personally occupy the property as your home within a reasonable time." Although the term "reasonable time" is kind of ambiguous, it give further guidance below.

So it look like 60 days is a good barometer for when you should be in the property. However...

"More than 60 days may be considered reasonable if both of the following conditions are met:

Waiting for one of the occupants to leave seems like a reasonable "particular future event" that will then allow you to then move in.

Ultimately though, it says that it needs to be less than 12 months. 

Hope this helps. Best of luck to you!