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Updated over 8 years ago,
New to BP Working on 4th deal, but new to Louisville
Hello bigger pockets community!
I just posted on another part of the forum that I am currently working on my 3rd deal. But as I am sitting here I realized this is really our (my hubby and me) 4th since we bought a brand new condo in 2008 sold it two months later and made $20,000. That was because of the crazy market back then, we got out of that town home right before the market crashed. Talk about good timing.
Right now we own two single family homes, that we purchased with VA loans. One in Clarksville TN, and the other in Elizabethtown KY. I guess they are sort of accidental investment properties because we house hacked them while we were in the military. But since I am sort of obsessed with getting great deals. We rehabbed one (turned out great!) the other is new. They both turned out to be great investments and cash flow quite nicely.
We are now hooked on the passive income thing so I'm looking to invest in more deals. We are working on 4 plex deal in old Louisville to house hack again. But ultimately would like to invest in Etown since we know the market. In Etown the demand for rental properties is crazy. BAH (basic housing allowance) is way high for the area (more than some expensive market), and there are not enough rentals. Plus if you get the right houses you attract great quality tenants. And if your tenants are military and they don't pay their rent you can get it resolved though the military.
I am obsessively hard working and am loving being involved in real estate. I LOVE crunching numbers and finding great deals. Looking forward to making great connection on BP. I'm open to creating partnerships with the right people.