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Updated over 2 years ago on . Most recent reply

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20
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5
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Landen Reed
5
Votes |
20
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Newbie getting started! Suggestions? Advice?

Landen Reed
Posted

Hello BP community,


I've recently been introduced to real estate investing and have become highly attracted to both short term and long term rentals (the idea in general.) I'm looking for ways to be savvy, smart and creative. I've been looking at multi family units, single family homes, condos, cabins you name it. I want to be very intentional on location and land properties/units in grade A neighborhoods (or pretty close) and where economies are booming. Ultimately, I want the numbers to make sense. I have nearly 180k saved up and I'm military and have access to the VA home loan ( if this could potentially aid in house hacking.) This may be a premature post but I'm putting my thoughts out there as I'm eager to begin real estate investing! For anybody that reads this post, I thank you for your time. Additionally, thanks in advance for any suggestions, advice and or value added!

Most Popular Reply

User Stats

192
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184
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Lexey Vezzoso
  • Real Estate Agent
  • Boise, ID
184
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192
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Lexey Vezzoso
  • Real Estate Agent
  • Boise, ID
Replied

Hey Landen!

I think if you could get into a duplex of some sort where you could live in one side and rent out the other that may be a good start for you. Some sort of house hacking in general. 

I work with an agent who is Military and knows a ton about the VA loan and what it can offer you. I would reach out to @Matthew McKee and I'm sure he could help point you in the right direction. 

Good Luck!

-Lexey 

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