All Forum Posts by: Colin Peffley

@Jaclyn P. @Kelvin Espinal, thanks for the welcome!  What made the both of you interested in Rochester?  Any luck in Groton?

@Vitaliy Volpov Thank you, I will keep you in mind!

Hello Bigger Pockets!  My name is Colin and I am currently living just north of Saratoga Springs, NY.  I am currently in the US Navy, and am at the point in real estate that I just started feeling comfortable enough with the lingo to start analyzing different deals, for practice, off Zillow (newbie).  I have started looking into the buy and hold markets of Troy, Schenectady, and Glens Falls.

I recently went to Greece and had such an amazing experience that it completely changed my view on life.  My overall goal for investing is to earn enough passive income so that I do not need to "work", therefore enabling me to travel and see the world.  I want to be able to just pickup and go, whenever and for however long I want.  In the past, I viewed this sort of lifestyle as just a pipe dream. After the trip to Greece and the technology that enables investing in RE anywhere, it seems that my dream life style can actually be achievable.

I am currently working on my 12 year buisiness plan (how much longer I have in the Navy until I can retire), with the goal of not having to get a "job" when I get out. Im not opposed to then becoming the property manager of my properties, and actually think I would enjoy it (most days of course). I think house hacking is genious, but I will be transferring to Groton, CT at the end of the year and therefore will not be able to hack that way. Instead, I actually plan to convert a bus to live in, eliminating the need to pay rent or a mortgage (kind of hacking it).

I would like to give a shout out to @Joshua Dorkin, @Brandon Turner, and of course @David Greene for a great podcast which led me to bigger pockets and the motivation to follow my dreams. Brandon's books were great (I had to buy the paperback hardcopies after listening to it on audible just so I could continue referencing the material), and after halfway, David's book is just as great (hardcopy in the mail now).

I look forward to utilizing all the resources on this website, starting with the webinar tonight, the connections that can be made, and of course sharing my experience and lessons learned.

- Colin  

@David Greene

Hello Bigger Pockets! I am reaching out to everyone in hopes someone has had experience with loud, seemingly aggressive, horse-sized dogs in a neighboring lot and advice for selling or renting. Backstory (it will hopefully help to understand my predicaments): I am currently in the military and stationed in the Saratoga Springs area for the last 3 years. I bought a 3BR/1.5B house that was flipped, payed almost top dollar for the neighborhood I’m in, and even added a seller’s concession for closing costs. I am scheduled to change duty stations in December of this year. Future plans: There was always a thought in the back of my mind that I wanted to get into real estate after the military, and have recently started reading any book I can get my hands on. Not yet sure exactly which niche, though multi families seems the most appealing right now. Shout out to Brandon’s books, it made property management seem enjoyable (still not sure how he did it)! And finally, the predicaments: 1) My neighbors have at least six dogs, three of them being Great Danes that are pushing 180 lbs. These dogs are very territorial and jump into/onto MY wooden fence every time anyone/anything is in my yard. That’s right, cutting the grass, gardening, relaxing on the deck, grilling out, etc. This is not a new fence, but it is still in decent condition and has a few more years before needing replaced. Well, except for the spots where the dogs jump... they are literally breaking down my fence! The neighbors refuse to do anything about it, aside from putting more junk in front of that spot. One of the times I attempted to bring up this situation, they told me that they don’t even let their child into the backyard since the dogs are so territorial (sounds like fun when they break down the fence). 2) I am trying to determine if I should sell or rent my house. There are pros and cons to both, but was hoping someone has been in a similar situation. As I said, the house was a flip, but as I have been finding out, they didn’t do a great job. The kitchens and bathrooms look great, but they took a lot of shortcuts that I have been uncovering. I have since installed new LVP flooring in the first floor, installed crown moulding, replaced the upstairs windows, installed A/C, and did some cosmetic upgrading (ship lap, board and batten, and painting). Nothing to really force any appreciation if I wanted to sell. When talking cap-ex, new-ish roof, new water heater, new central air system. What I am nervous about is the leach field, some hidden issue that was just covered up in the flip (foundational or electrical) and those da** dogs!

Hello Bigger Pockets! I am reaching out to everyone in hopes someone has had experience with loud, seemingly aggressive, horse-sized dogs in a neighboring lot and advice for selling or renting. Backstory (it will hopefully help to understand my predicaments): I am currently in the military and stationed in the Saratoga Springs area for the last 3 years. I bought a 3BR/1.5B house that was flipped, payed almost top dollar for the neighborhood I’m in, and even added a seller’s concession for closing costs. I am scheduled to change duty stations in December of this year. Future plans: There was always a thought in the back of my mind that I wanted to get into real estate after the military, and have recently started reading any book I can get my hands on. Not yet sure exactly which niche, though multi families seems the most appealing right now. Shout out to Brandon’s books, it made property management seem enjoyable (still not sure how he did it)! And finally, the predicaments: 1) My neighbors have at least six dogs, three of them being Great Danes that are pushing 180 lbs. These dogs are very territorial and jump into/onto MY wooden fence every time anyone/anything is in my yard. That’s right, cutting the grass, gardening, relaxing on the deck, grilling out, etc. This is not a new fence, but it is still in decent condition and has a few more years before needing replaced. Well, except for the spots where the dogs jump... they are literally breaking down my fence! The neighbors refuse to do anything about it, aside from putting more junk in front of that spot. One of the times I attempted to bring up this situation, they told me that they don’t even let their child into the backyard since the dogs are so territorial (sounds like fun when they break down the fence). 2) I am trying to determine if I should sell or rent my house. There are pros and cons to both, but was hoping someone has been in a similar situation. As I said, the house was a flip, but as I have been finding out, they didn’t do a great job. The kitchens and bathrooms look great, but they took a lot of shortcuts that I have been uncovering. I have since installed new LVP flooring in the first floor, installed crown moulding, replaced the upstairs windows, installed A/C, and did some cosmetic upgrading (ship lap, board and batten, and painting). Nothing to really force any appreciation if I wanted to sell. When talking cap-ex, new-ish roof, new water heater, new central air system. What I am nervous about is the leach field, some hidden issue that was just covered up in the flip (foundational or electrical) and those da** dogs!