Future Investor Doing Some Research

Future Investor Doing Some Research

Rental Property Investor · Warren Ohio · Member since 2014 · 21 posts · 8 votes

Hello everyone. I am currently in the Navy stationed in Japan until 2016, so I am not looking to actually invest for about 2 more years. I've been doing a lot of reading, and recently signed up with BP, along with a couple other sites that my father recommended. Over the last few days I have been going through homepath.com, and homesteps.com, looking at houses/duplex properties in the Pittsburgh/Northwest PA, and Northeast Ohio area that have been repossessed and see what places look like at different prices, and seeing if I can at least get a feel of what is wrong with a place through glance at whatever pictures are posted. I've also been looking at the areas where these properties are on areavibes.com, and then I've been virtually driving through the areas on Google street view. What other things would you recommend for me to do to try and become as educated as possible over the next couple years? 

Thanks in advance!

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  • Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 31k+ posts · 20k+ votes
    11y

    @Berkley Bossard 

    welcome to the site.

  • Jonna WeberPro Member
    Moderator
    Investor · Boise, ID · Member since 2011 · 1k+ posts · 736 votes
    11y

    @Berkley Bossard  - Welcome and thank you for your service.  I would read and listen to as much as I could on BP, both for general knowledge base, and to formulate your strategies for 2016 and beyond. (there are about 98 great podcasts that should keep you busy for a while. :) ). 

  • Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
    11y

    Welcome to BP community @Berkley Bossard  It is a great place to meet new friends and learn about various aspects of real estate and more. Here are a few recommendations for you:

    Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meet

    Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts

    If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select that person below. He or she will be notified of being tagged so that the conversation will continue.

    Wishing you the best! 

  • Rental Property Investor · Warren Ohio · Member since 2014 · 21 posts · 8 votes
    11y

    Thank you all for the support! I'll definately look to get more involved on the site. Hopefully one day I'll have some experiences to share.

  • Investor · Nagano, Nagano · Member since 2014 · 66 posts · 18 votes
    11y

    Hi @Berkley Bossard ,

    Welcome to BP. I'm also in Japan, but not from the US nor in the military. I've noticed though that quite a few BP members are military in Japan. Have you ever sought out any other BP members that could even be stationed on your base? It might be a good idea to start up an investors club as a way to meet and share ideas, experience and education.

    Good luck with your education and if you're interested in Japan real estate, let me know.

    Regards,

    Walter

  • Investor · Nagano, Nagano · Member since 2014 · 66 posts · 18 votes
    11y

    @Berkley Bossard 

    Just saw this thought it might be interesting for you in the future.

    http://www.biggerpockets.com/blogs/5720-tylers-blo...

  • Rental Property Investor · Warren Ohio · Member since 2014 · 21 posts · 8 votes
    11y
    Really? I guess I never thought to look into other people around the base. Thanks for the tip!
  • Jon HuberPro Member
    Rental Property Investor · Boca Raton, FL · Member since 2014 · 1k+ posts · 713 votes
    11y

    @Berkley Bossard 

    Welcome to the community! Be sure to be as active and engaging as you can. This site offers a tremendous amount of information, but only if you seek it out. Read the blogs, post your questions, and the podcasts are amazing. The best free education you can get. Good luck out there.

  • Investor · Pensacola, FL · Member since 2013 · 277 posts · 78 votes
    11y

    @Berkley Bossard welcome to BP! I'm an Air Force guy myself and just started investing about 8 months ago. This website is awesome and you'll find that there are a ton of military people who are more than willing to lend a hand. I was actually just out in Japan last year for a few days during a deployment, so I'll be sure to look you up if that happens again. 

    Best of luck to you, and feel free to send me a message if there is anything I can do to help.

    Tyler

  • Dave VisayaPro Member
    Moderator
    Audio Engineer and Investor · Cebu City, Cebu · Member since 2013 · 7k+ posts · 881 votes
    11y

    Hey @Berkley Bossard welcome to the site! Feel free to meet  new interesting people here and don't forget to setup the keyword alerts!

    BiggerPockets
  • Investor · DFW, TX · Member since 2013 · 319 posts · 101 votes
    11y

    @Berkley Bossard 

    Welcome! Another member from Japan here, working in Tokyo 23ku. 

    Interested in remove investing to the States, as well as potentially doing something locally in Japan - exploring and learning about both options

    If you ever want to chat, give me a shout

    -Dmitri

  • Rental Property Investor · Warren Ohio · Member since 2014 · 21 posts · 8 votes
    11y

    Thanks Everyone. Tyler Flagg, I'm guessing your stationed on Tinker AFB from your location. I've been out there a few times as well. 

  • Property Manager · Bountiful, UT · Member since 2014 · 19 posts · 5 votes
    11y

    Welcome! You came to the right place! There are lots of other books out there besides what you can find on BiggerPockets, if books arent your thing there are plenty of YouTube videos as well! Good Luck!

    Josh

  • Darrin CareyPro Member
    Lender · Dayton, OH · Member since 2008 · 1k+ posts · 705 votes
    11y

    @Berkley Bossard Welcome to BP! It's a great community.

    As you can see, there are a lot of people here associated with various military branches too. (I'm retired AF) We're all here to help you succeed. 

    Welcome again!

  • Rental Property Investor · Warren Ohio · Member since 2014 · 21 posts · 8 votes
    11y

    Hello, I know this thread is getting a little dated now, but hopefully some one is still watching! I've been doing a lot of reading, looking at properties online, checking out different neighborhoods and cities on google street view, and areavibes.com. My biggest stopping factor right now is, I still don't know where I'm going to end up when I go back to the civilian world. To be completely honest, I haven't 100% made up my mind to stay in the military or get out yet. That being said I don't feel that it's in my best interest to buy my first property where I can't manage it. I want to get my hands dirty if for no other reason than to learn the mechanics behind this business. I'm now trying to do some research into REIT's. Does anyone have any experience with these that they would be willing to share? It seems like these can be close to the stock market in many ways. Would they be just as volatile? Or would they have a slower shift in value since they are dealing in hard assets? Any inputs would be greatly appreciated! Thanks again!

  • Investor · Pensacola, FL · Member since 2013 · 277 posts · 78 votes
    11y

    @Berkley Bossard sorry I missed your post from a while back. I'm actually stationed out in New Mexico, but invest from afar in OKC. Love the area and love the cash flow :-). As for REITs, I have absolutely no experience. However, it looks like there's been a number of forum posts on the topic. Best of luck.

  • Rental Property Investor · Warren Ohio · Member since 2014 · 21 posts · 8 votes
    11y

    Thanks Tyler. I'm going to keep digging through the forums and elsewhere. If I find anything that I didn't find here I'll make sure to share the wealth!

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