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All Forum Posts by: Jared M Pilarski

Jared M Pilarski has started 3 posts and replied 14 times.

Currently I am on an internship with Harosky homes Realty.

Everyone here is super friendly and provides an amazing opportunity for getting started with a career as a sales person.

DM me if you want more info.

Things are going great!

We bought a single family 3 bedroom in Columbus and a month ago purchased a duplex with the VA loan where we will be moving to house hack!

@Doug Spence Thank you so much for the insight! I recently connected with a team in the Columbus area and it seems to fit all of the checks based on what I have read so far in the book! but yeah I'm not too worried about the haters. Obviously buying locally can be better, but I wont have that option for another 2 years and I definitely do not want to wait that long! I am hungry so starving myself of this passion is not in the cards.

The only downside with a VA loan is you have to have it as a primary residence, but after I am out of the military we will be utilizing it to its fullest! I appreciate the advice though!

Originally posted by @Tyler Peitzmeier:

Hey Jared,

My top advice would be to look into getting a VA loan and utilizing it however you can. You can only have one VA loan at a time, but you can refinance the loan after 12 months into a conventional and then go get another VA loan again. That gives you a lot of flexibility where you can invest to get cashflow.

In terms of good markets, I believe there are great deals in any market. You just have to look a lot and run the numbers. the Biggerpockets calculators are a big help.

Hope this helps!

Tyler

Hello everyone! My wife and I are looking to start our real estate journey! Currently we live in Hawaii and I am an active duty Soldier, we have decided that investing in Hawaii is too much of a risk for us at the moment, but are looking at other markets that offer good value but also not a warzone. We would love to do multi family, but are also open to doing SFR as well. Our max price range is around 170k as we would have to put 20% down. Cash flow would be nice, but long term appreciation and with break even cash flow is even better! Any advice and leads are very much appreciated

in response to the reply here what if one lives across the ocean aka Hawaii, having that peace of mind sure is nice. I cant imagine self managing an ocean away where I am at. 

hello! I would love to network with some people in the area. Currently new to real estate, but my wife and I plan on moving to Cincinnati in the next year and a half once I am done with my military contract.

@Doug Nordman This is the perfect response and pretty much confirms all my suspicions I was having when running the numbers. Thank you for the insight it is greatly appreciated.

Good Morning everyone

I am going to be moving to Hawaii, courtesy of the military, in the near future and I will be living on the Honolulu Island.

I have been looking to buy a house as my pay allowance for housing is 2700 a month and I figured this could go to great use instead of rent. 

I can easily afford the mortgage payments on most houses I am looking at, but the biggest issue I am finding is HOA fees.

Most HOA fees on decent houses are 400+. I am also wondering if I move, will the income I receive from a tennet will cover the costs for the HOA fee and the mortgage its self.

I didn't know if there's anyone who has experience buying and renting a house in Hawaii that could help guide me in the right direction. 

I honestly did a google search for real estate investing.