All Forum Posts by: Catalino Rodriguez

So throughout your whole experience, would you say going through Morris Invest was a good investment? And for your second property, would you go through them again?

He already answered that question some pages back.. Make sure to read all the pages to get all of his updates and replies.

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Originally posted by @Bill Kenny:

@Catalino Rodriguez I work with an investor who was stationed in South East Asia and bought his first 6 units in Hagerstown from the other side of the planet. He's under contract for another duplex and has managed the whole process without seeing his units in person. The true definition of leverage... He's built great relationships with his Agent, property manager, inspector, contractors, Lender & insurance all done with a cell phone and email. I think we had to fedex docs for wet signatures but that was it. He's smart and successful and making it happen.

Hi Bill,

How can I get more info about this ! I am definitely intrigued and would love to discuss this further because that's what I am looking to do as well.

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Originally posted by @Dantuna Pernell:

Catalino Rodriguez yea from what I have seen so far only places to find the MF are the Baltimore area, Hagerstown then some of the small western towns in MD. I'm really looking into maybe checking out some other states and their MF. That's nice that you have already got your pre approval out the way. The great thing about my job is I get to go away for a year and that why I want to get a property with FHA or VA while I'm away for the year then by the time I come back I can refi hopefully out of the property into another fha or va back loan.

Thats sounds like an awesome job!! And using your VA loan gives you a ton of leverage. Have you looked at other markets. The other markets I have been looking into are Memphis and Cleveland. Both have a ton of affordable MF properties. I will be heading to the states for Thanksgiving and while there I plan on checking both of those places out.

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I am in the same boat as you and looking to invest in the same type of properties however, I am in Germany and also have the VA loan available to me but since I am going to be here for at least another year I got preapproved for a conventional loan and lined up other financing options as well and I am looking to purchase my next property before the year ends.

My question for you is where do you plan on buying your MF property? If in Maryland, aside from Baltimore the Hagerstown area is the only other place I know that has a lot of MF's available (this is just from looking on zillow and trulia, etc). Also if you plan on using your VA or FHA loan you will have to live in the property for a certain period of time (which I am sure you are aware of) so my next question is do you know where in the states next you will be going? If you already know you should definitely research the area now.

I would love to connect with you and bounce ideas off of since we are both in the same boat.

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Thank you everyone for the helpful advice. From reading everyone's replies I feel like the main thing I should do is find a deal and make and offer and that would get me started.

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Hi All,

So I have been STUCK in an analysis paralysis stage for the last 2 years! I have the money, good credit and time (Retired Military so also access to VA loans if necessary ) to start investing in rental properties but there is literally so many books, podcasts and websites dedicated to rental property investing and I have read (and listened too) so many of them and I have learned that a good portion of them have different ideas of how to get started. I am literally stuck right now and have so many ideas on how to get started based on the research I have done BUT still have not gotten started...... SO with that said I was just wondering how people here got started? I am honestly thinking at this point to just start with turnkey properties but that is only because I don't have a team or network to start with the BRRRR method yet. Looking forward to seeing the replies.

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All Forum Posts by: Catalino Rodriguez

Catalino Rodriguez has started 1 posts and replied 7 times.

Post: Old Town Alexandria RE Investment Club

Post: Morris Invest Case Study 2.0

Post: Just Some advice on what you think my best course of action.

Post: Just Some advice on what you think my best course of action.

Post: Just Some advice on what you think my best course of action.

Post: How did you overcome information overload and get started??

Post: How did you overcome information overload and get started??