All Forum Posts by: Christina Labowicz

Hi Ken, are there a few that you could recommend for the purpose of flipping? I am having trouble finding financing for a mobile home I'd like to rehab and resell.

Thanks,

Christina

Hello BP Community,

Does anyone have any contractors that they recommend for Eagle County? Looking for a contractor to do a rehab to a kitchen and potentially a deck.

Thanks

Christina

Hi BP community,

My partner and I are looking to buy our first investment property. Given that this is our first step, we figure living in and rehabbing and renting out our first investment is a good starting point. 

My partner is a veteran and we are in the process of getting pre-approved for a VA loan. Are there any problems that will arise later that we should be aware of when moving forward with this? As far as the lender is concerned, as long as we intend to live there as our primary residence at first, the duration of how long we stay is up to us.

Any thoughts help! Thanks again BP.

Hi @Paul Hamel @Bret Burton and @Ryan K., are there any investors clubs in the area or meetup groups? 

Well, thanks again for all the great responses. @James Carlson we are having such luck with the airbnb so far, especially up here in the mountains during the winter months. I am always open to suggestions, and even get a lot of tenants going to the Denver area for a stay so if you have any properties I can suggest I'd be more than happy to do so. 

@Julie Bradley I understand where you are coming from although don't have much experience. It sounds like in my situation being that there are continuous stream of buildings and jobs, especially with the expansion of the hospital it sounds like a great place to start buying. Things like that, good school system, new businesses coming in etc. are all good indications. I wish I could talk further on the subject.

@Bret Burton I always appreciate your thorough responses, I have sent you a private "note," if you didn't end up seeing it let me know!

Hi guys, @Bret Burton, I must say, it is such an inspiration having someone from the area reaching out. Somehow it makes my vision for the future feel all the more real. We have been in the area for a few months now and have been contemplating staying here full time. We're currently in Eagle, and have a great opportunity of profit sharing with the owner of the house in regards to airbnb, a great way to help us save.

I appreciate your recommendation on the 3 bedroom. I can totally see how that would work and am excited at the prospect. From everything I've been reading, currently reading Millionaire Real Estate Investor, which has been a saving grace in clarifying a few things for me, and it sounds like wholesaling is a good place to start, to learn the basics of buying and selling etc., but it still seems very foreign and intimidating as the prices in this area seem unrealistic for my partner and I who are just starting out.. I could be totally wrong.

My partner is a disabled veteran, so it sounds like we qualify for a VA loan if we will be residing in the home. But, given our shallow track record with employment (haven't worked since November last year as we've been backpacking) it seems impossible to get any financing. Do you have any creative ways or suggestions to finance a first investment? Also, how are you finding your properties do during the off season months? It sounds like you and your wife have created a great situation for yourselves.. the ultimate goal. And, if you'd ever like some advice on SE Asia I think I can lend a hand!

@Bonnie McCullough thank you for the advice! I am actually from Westminster, MA, so know the area well. My partner's mother is a wonderful Kheller Williams realtor, if you're ever in need of one I can pass her contact information!

Thanks again for all the helpful information.

Hey guys! Thanks for reaching out. @Marlon Fong I will most definitely take advantage of asking questions on the forum, @Glenn D. thank you for the motivation! (And yes, I have found plenty of neigh slayers, of which I'm learning to block out) and @Joshua Poitras I am very new to the site, so I have not yet branched out to ask for that advice yet. @Shawn Ackerman thank you!

The two biggest questions I have at the moment are how to determine which types of properties to invest in that will align with your life goals, and how, when you haven't been in a steady location for years, to choose a location to start investing in.

Any thoughts on the subject would be much appreciated!

Hey! My name is Christina, and real estate investing is something I've been interested in since high school. Well, 6 years later after schooling and traveling abroad quite a bit I am back in the states, I am eager to learn and ready to start down that path. So far I'm in the beginning of the continual process of reading and learning about the ins and outs of REI, and saving up for that first down payment. My partner and I are from small town Massachusetts, and currently reside near Vail for a "ski season." The hardest decision that we have to make with REI, is where in the states, or world, we want to live and invest... I've traveled the world, and am now ready to start the next chapter. Any and all advice is welcome!