All Forum Posts by: Breann Acuna

@David M. Thanks so much!

@Suzanne Johnston I have a girlfriend who just bought here and told me about her experience. It got me super interested and started to research the area myself. I have visited and really liked what I saw!

@Eliott Elias Absolutely, thanks! 

@Travis Turner Awesome to hear! I'm planning a visit out there next week and have been looking at options close to hospitals and tech. I really like what I've been seeing in terms of growth for this area and excited to come visit. Thanks so much for the information! 

@Michael Dumler Got it, thank you!

Newbie here and hoping to make my first investment property a duplex. Would it makes sense to use one unit for LTR and the other for STR? My thought process is an LTR could offer more stable/ consistent cash flow and just seems less risky. While an STR could bring in more money, it may be less consistent or even seasonal maybe? Because this would be my first property, I don't think I'll have enough cash to fully furnish both units for an STR approach, so it's either one unit or just pursue LTR's for both units. Thoughts on this strategy?

For reference, I'm looking at Lubbock Texas and hoping an STR would appeal to travel nurses, or visitors to Texas Tech.

@Albert Sousa Thank you!

@Kenneth Garrett Very helpful, and thank you!

Hello! I've been lurking for a couple months now, watching countless videos, and trying to absorb this brand new real estate/ investing language. 

Long story short, I'm a travel nurse currently working in Texas. Sold house in California and looking to invest a portion of that cash to get started in real estate investing. I'm drawn to Lubbock, Texas at this time and looking at single and multi-family units for LTR's. In the future, I hope to get into STR's that appeal to travel nurses given the strong medical presence there. Currently, my goal is to diversify assets for retirement and build wealth.

Question: Every time I use tools to analyze a property, the ROI seems so low (4-5%). I feel like I'm doing something wrong. Is that a normal/ decent rate? Give up on the area? Watch and wait?

I keep hearing the biggest part of getting started is analysis paralysis and it's been nothing BUT true for me! Any tips would be appreciated.