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Updated about 5 years ago,
New Rental Property Investor
Hi my name is Jacob Cochrum. I am new to this site. I am a registered nurse that works full time but also trying to get into the rental property business as well. I bought a new build house about 4 years ago for myself to live in. I recently moved across San Antonio and bought another new home using my zero down VA benefits and currently renting out my other house using a property manager. I recently got a good job offer about an hour away so im looking now for another new home build to buy and move to. My plan is to rent out the house im living in now. So hopefully if everything goes as plans by this summer will have a new home build that I live in and two new home build rental properties. I would like to continue to do this until I can have quite a few properties. Im not making much on the month to month mortgage off my rental but it is paying the mortgage and im benefiting from the appreciation value of the home. My goal is to have 5-10 houses using this same strategy of buying using my va benefits and living in the house for a short while and then renting that house out and moving on to the next new home purchase. I like buying homes that are freshly built because there aren't very many things to break or need fixing and if if there are I have a warranty on the house still. Can I please get some input on what is thought of my real estate rental plan.
thanks alot