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All Forum Posts by: Bruce Horner

Bruce Horner has started 2 posts and replied 6 times.

Post: Pay the extra or settle?

Bruce HornerPosted
  • Posts 6
  • Votes 2

As a new investor, my current market in ATX is at it's peak in pricing.  Whether that comes falling down, who knows but what I don't want to do is wait for the "bubble" to pop rather, I'd like to get started sooner investing sooner than later.  I'm looking to find a property under 100k.  I'm interested in the San Antonio and Savannah GA market which makes my options pretty narrow.  Markets like KC, St. Louis and Memphis are more reasonable in that price range.  

My question to you, taking yourself back to being a new investor, would you pay the extra to get into a market you want or would you stick with the plan of finding a property under 100k?  Asking for a friend...

-Bruce

@Ryan Thomson Really great advice.  Didn't even consider that.  

@Justin Beasley Great advice as well!

I agree @Aaron Bihl.  I see that your a flipper.  Do you do Wholesaling deals as well.  Any advice on finding your own deals?  Would love to understand your framework and how you started.   

@Jordan Moorhead Would love to leverage your expertise.  

Super helpful, Josh.  I wouldn't be house hacking on this future one even though I know it would make it significantly easier to do so.  Would love guidance from a lender on different strategies on purchasing a rental without having to drop 20% or use any of my own $$.  I appreciate the feedback.  

I currently own a property in ATX and currently house hacking.  The market is at an all time high which has me looking into SA market.  Question for RE investors in this market of inflation, what would be your checklist as a new investor?