All Forum Posts by: Jeffrey Gagnon

@Patrick Philip because i'm living in the home and it would be free to live in, and if i use a VA loan i don't have to put much if any money down. most of the time i am only taking into consideration one of the two units and they cash flow $300-$400 that sounds pretty good. sure its only $200 a month take home but I am also saving $1000 in BAH which i could save to put towards an investment with better cash flow? would you not agree?

@Kyle DoneyI have been trying to buy in relatively good areas, i'm trying to house hack, and potentially use a va loan. because im moving and do not have a vehicle etc in america i wont have alot of money for a decent down payment. 

 @Jacqueline Coombs yes I was using the BP calculator, googled most of the information relative to the area like taxes and average rental, and usually bump up the numbers some just to calculate for my mistakes.

It just surprises me that their could be so many houses that could cash flow decently and have been on the market for a while. this may also be because i am so new to real estate and was never aware of how many houses are typically on the market.

Hello everyone, i have recently been looking online to practice putting the numbers together to see if the property will cash flow or not. It seems like most homes that have more than one unit in the area that I am looking will cash flow. I am wondering what I am missing?  am 22 and have yet to buy a property, currently in the Air Force and living in Japan. My plan is when i return to america (Omaha Nebraska area) to buy a 2-4 unit multifamily. Thanks for all your advice in advance!

Thanks for the information. Considering I am trying to live in the house as well as rent i'm hoping to buy in a decent area. 

I hoped on realtor.com just to look at properties and try to start to learn about Omaha Nebraska and the market before I move there from Japan in June. I came across this House (you can click the link) and think its a great opportunity. I have yet to ever buy an investment property and i have plans to "house hack" but from what i read this house already has tenants(said to be totaling $2060 in rent) so i am not sure if that would work because i would need one of the units to free up. let me know what you guys think and if you can give me any tips on trying to assess this house. I used the pickpockets calculator and estimated higher in costs than i think they will be just to be safe but as a beginner investor i am not sure how accurate my assessment is. Any Advice is greatly appreciated.