All Forum Posts by: Cody Richard

@Alina Trigub Thanks for the advice! I think it's a great idea to paint a picture of the journey from a new real estate investor to an experienced real estate investor.

@Wayne Brooks Thanks for the response! I've heard through my real estate agent and a couple podcasts that I would be able to re-use the FHA loan after 1 year of occupancy. Does the law vary by state?

@Cameron Norfleet Great point! Luckily the Salt Lake City market is strong at the moment which should help mitigate this issue. We are also working to accumulate enough savings to serve as a buffer when we decide to refinance and move.

The owner-occupied FHA loan offered by the government is one that is extremely useful for new real estate investors to purchase multi-family homes. Recently, I've thought about the possibility of gradually growing my real estate portfolio through buying properties each year with the FHA loan. To do this, me and my family would refinance our current property and utilize the loan on a new property each year. This is just one method I have considered for growing my real estate portfolio and I would love to hear the community's feedback!

What obstacles should I be aware of if I decide to pursue this method of growing my real estate portfolio?

I'm currently in the process of getting my real estate investing journey underway. For reference, I own the house I live in and I'm on the hunt to purchase a multi-family rental property in the near future.

I feel that social media (i.e. Instagram, Twitter, Facebook, etc.) could be a great way to network and communicate with an audience interested in real estate investing. Since I have not begun buying rental properties or performing major rehabs I feel that I don't have valuable content to produce on these platforms. Does anyone have suggestion for how a new real estate investor can generate value on social media?

@Jason Harris Sounds like a great event! Looking forward to attending!

@Bryce Bender Thanks for reaching out! I'll be sure to send you a DM.

Hi everyone!

I wanted to put this post out to see if there are any people out there that would like to set up an accountability group. As I listened to the Bigger Pockets Podcast episode 326 where they talked about Gobundance and the power of having an accountability partner/group, I thought it would be awesome to start an accountability group of 5-6 people. This would be a great way to hold one another accountable while forming a great network.

I am a right at the beginning of my real estate investing journey and I think it would be beneficial to have others in the group around the beginning of their journey. I would like to set up a call/video conference every other week and have a private Facebook group that we post stuff too in between the bi-weekly calls.

These are all proposed ideas as of now, just wanted to get a feel if there would be other people interested. I am open to other ideas as to how often we should have the calls and other ways of supporting/networking with each other.

Let me know if you are interested!

Hi everyone!

I wanted to put this post out to see if there are any people out there that would like to set up an accountability group. As I listened to the Bigger Pockets Podcast episode 326 where they talked about Gobundance and the power of having an accountability partner/group, I thought it would be awesome to start an accountability group of 5-6 people. This would be a great way to hold one another accountable while forming a great network.

I am a right at the beginning of my real estate investing journey and I think it would be beneficial to have others in the group around the beginning of their journey. I would like to set up a call/video conference every other week and have a private Facebook group that we post stuff too in between the bi-weekly calls.

These are all proposed ideas as of now, just wanted to get a feel if there would be other people interested. I am open to other ideas as to how often we should have the calls and other ways of supporting/networking with each other.

Let me know if you are interested!

@Cherie Orellana Thanks Cherie, excited to be here! I've loved living in Utah and I'm looking forward to diving further into real estate investing here too!

@Amy Kendall Thanks Amy! Excited to be part of the community and I'm looking forward to the real estate investing journey ahead!