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?
@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. :) ).
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:
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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.
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.
@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.
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!
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!
@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.
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!