All Forum Posts by: Colton Hahn

There are so many states that are red hot right now, we focus on the midwest particularly in the award winning greater Indianapolis region / Indiana in general and it has been great to us. Ft. Wayne IN,  for example we are seeing 11% + rent growth in 2021. In Indianapolis we saw 8.3% rent growth. Other markets around the country are going absolutely nuclear so do your due diligence and do not be afraid to jump in the game :)

You are absolutely right, that would increase your monthly payment on your current property cutting into cash flow from the new property. It is one of those things that you have to consider, along with interest rates and amount of capital that you are taking out. Is it really beneficial to take out 10k, as an example, if you increase your mortgage interest rate by 1%? Its all part of the greater equation to determine if the investment property is worth it!

Hey Kevin, firstly thank you for your service! I used to be a loan officer specifically for military members for a not for profit organization called AAFMAA that specialized in VA Loans. VA Loans are a powerful tool and I urge anyone who may have VA Loan eligibility to look into what you can and cannot do with them. Because of the restrictions on what properties can and cannot be used with a VA loan "house hacking" with a VA loan is something I have seen people do.

To any military or prior service I say use your benefits, you earned that benefit!

I think the natural progression of real estate investors is getting property then 4 then 10 then none, then fully into syndications from my experience talking with our investors. I think you should do as much reading as you can on the topic of syndication, there is so much to learn!

Find out if it is truly what you want and start contacting syndicators and asking some tough questions about where they target, why they target it, what their projections are, how they came to those numbers, and everything in between. 

Best of luck Jason!

That is definitely a strategy to deploy, there are markets out there that are hot that are not getting a lot of national attention (Example Ft. Wayne Indiana had 11%+ rent growth in 2021 alone). Buying low and selling high is always the goal and if you can find a market that has the indicators to boom soon I say go for it!

Having worked as a mortgage loan officer who did conventional, FHA, and VA loans, it really depends on the lender and the loan program. Generally, before 24 months income from rental properties can only be used to offset the debt on that property. Anything above the debt payment on the property is going to be scrutinized by the underwriting team to death.

All the best!

Definitely, the book I read that taught me about syndications to prepare me for the role I am in now was the Hands Off-Investor. The Intelligent Investor is a great book for investing overall as well, it is less real estate focused and more macro level.

Hey John, like many things in life networking can make a huge difference. We find many of our deals off-market through our personal connections. We got to that point by going to real estate investor groups, conferences and events and meeting people there who have deals to off-load. I always urge people to go and meet likeminded individuals and stay in touch. You never know what you will find!

Hey Keith,

There are many people who do exactly what you are describing! Leveraging properties to acquire other properties is something that can be a huge wealth building tool especially when acquiring assets that are multifamily. 

I would say do your due diligence on the property itself, make sure you are not spreading yourself too thin and look at the comparable properties in the area to get a feel for the quality of property you are getting and if the price is right.

Good luck!

First off, congrats on finding such success in the REI field. Not an easy thing to do for sure.

Secondly, you have some great ideas there. Offloading cash to invest more passively to enjoy everyday life without tenants breathing down your neck is something our investors talk about all the time, and is a huge benefit of getting into more passive real estate spaces. One of the benefits of investing into a syndication for example is the cost segregation and bonus depreciation that has a similar effect to a 1031. Something to consider.

Whatever you end up doing, from the sounds of it you have done very well and will enjoy continued success I am sure of that.