Introduction - NH Investor, Military Spouse, House Hacking

[Joia B.]

Hey everyone,

My post about looking for investors for a deal in FL got taken down yesterday because apparently I'm supposed to talk about me and not my "company", and it made me realize I've never done a proper introduction.

I've been on BP for almost 3 years now. Like most people I read Rich Dad, Poor Dad in 2019 and that did it for me. I was unemployed at the time with an engineering degree and knew that I didn't want to go back to working for another corporation. I moved from Rhode Island to West Virginia where my now-husband was stationed, then to North Carolina, and finally to New Hampshire where we currently live. We started house hacking a SFH with an in-law apartment in February 2020 because we were unable to find a multi that would meet VA requirements at the time.

Rather than re-entering corporate America, I got my real estate license mainly to help pay for additional investment properties and to be able to help out other investors as an agent. We bought our second house hack (single family with an ADU) in September 2021 where we currently live and rented out our previous home. Once our tenant moves out of the ADU I want to try AirBnBing it because we live in a vacation destination and could make way more money doing that vs LTR.

Although we have 2 properties now I can't help but feel like we're not as far along as we could be. We have some major expenses this year including a new roof and repaving the driveway so we probably won't be able to buy another investment property until next year, unless we hit the lottery before then. I think this will be our last house hack and our next investment will most likely be a multifamily, so we'll need much more for a down payment. I'm not opposed to partnering on a deal if I find the right one, and I can use my agent commission towards the closing costs since we don't really have any capital on-hand at the moment.

I still need to sit down and figure out exactly how many doors we'll need to be reach financial independence, but my personal goal is to have the ability to retire in 10 years with our investments and my husband's military pension.

That's all I have to say about that!