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All Forum Posts by: Brian Thomas

Brian Thomas has started 7 posts and replied 27 times.

Post: Is Arkansas good for multifamily investment properties?

Brian ThomasPosted
  • Rental Property Investor
  • San Antonio, TX
  • Posts 29
  • Votes 12

well i am just scratching the surface of investing but i would say 2-4 units so i can househack it. My idea is to use an fha loan with the 3.5% down and then go with the BRRRR method. Looking to buy something that will have immediate equity with a little bit of rehab as well as cashflow a bit. I just want to make sure i do my first one right so I can refinance it and be able to get a good amount of capital back out of it. Arkansas seems to have good appreciation along with low median house costs so it seems like a good starter market for a newbie that doesnt have a wad of cash to put down.

Post: New Member from Western Massachusetts

Brian ThomasPosted
  • Rental Property Investor
  • San Antonio, TX
  • Posts 29
  • Votes 12

I lived in San Marcos TX for a year, a year ago. Loved the area. Didnt look like there was much in the way of small multifamily there. Just a lot of student housing and apartment buildings from what I saw.

Post: New Member from Western Massachusetts

Brian ThomasPosted
  • Rental Property Investor
  • San Antonio, TX
  • Posts 29
  • Votes 12

I am a new member looking to learn what I can and buy my first investment property. Looking to get into a 2-4 unit multifamily. Got about 165k to work with. Looking to move down south and start investing. Tired of dealing with New England winters.

Post: Is Arkansas good for multifamily investment properties?

Brian ThomasPosted
  • Rental Property Investor
  • San Antonio, TX
  • Posts 29
  • Votes 12

I'm a first time investor with a limit of about $165k to invest in a multifamily property. I am single and can go to a location where good deals are to be had. Arkansas looks promising, mainly the Little Rock area. Am I off on my assessment? 

Post: Is Arkansas good for multifamily investment properties?

Brian ThomasPosted
  • Rental Property Investor
  • San Antonio, TX
  • Posts 29
  • Votes 12

I'm a first time investor with a limit of about $165k to invest in a multifamily property. I am single and can go to a location where good deals are to be had. Arkansas looks promising, mainly the Little Rock area. Am I off on my assessment? 

Post: Best places in the country to invest in small multifamily units?

Brian ThomasPosted
  • Rental Property Investor
  • San Antonio, TX
  • Posts 29
  • Votes 12

Are there any states in particular I should focus on first? I appreciate all the responses so far :)

Post: Best places in the country to invest in small multifamily units?

Brian ThomasPosted
  • Rental Property Investor
  • San Antonio, TX
  • Posts 29
  • Votes 12

I live in Western Massachusetts which is a pretty tight market. I am looking to relocate to somewhere that has a better market for cheaper small multifamily units and warmer climate. I am not a fan of New England winters. Where are some of the best markets to get started in buying small multifamily rentals for a newbie? I am looking to do the BRRRR method and occupy one of the units I buy to househack my first unit.