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Updated over 3 years ago,
Looking to start investing in some buy-and-hold
Hey everyone, we're a military family (my wife is a career Soldier). I've got a good tech job, but we're looking to diversify a bit. We have a house in Portland, OR, and a house here near Fort Knox, KY.
We had great tenants in our home in PDX, but rent was barely covering the mortgage. PDX is also very unfriendly to landlords, so we are selling the home there, and will be investing the proceeds here in Kentucky in two (according to my wife) or three (I hope) homes that we can rent and earn some passive income once she's done with the Army in ten-or-so years.
We expect one more duty station after we leave Kentucky and hope to use our VA benefits to purchase a home wherever that might be to add to the portfolio (We really wish we'd been smarter and done the same in Denver and Long Island).