All Forum Posts by: Jeremy Leech

@Paul Stamm

Thanks!

Will send you a message shortly!

Checking in to see how your search went? I am currently looking at a a property just outside of Indianapolis. Would love to reach out to people from the area to connect and learn more about it! 

@Stephen Brown interested in hearing more about the Ohio markets!

@James M Palovich - a partner and I are looking to invest in small multi family properties in Kentucky. Are you experienced in this space? Please reach out if you are!

Thanks

-Jeremy

@Travis Sperr are you still lending hard money? I am looking into getting into the business and hoping to chat with people who are experienced and willing to share. I’d love to chat one day. Please let me know if you’d be willing to share some information with me. Thanks and all the best

@Bryce Baker Hey man, Im in a similar boat as yourself. It has been a tough couple of months while looking at properties in SD as for new investors like you and I every thing is so expensive and very hard to find something that cashflows. I keep going back and forth as far as what a good game plan is for people in our situation. Ive had some ideas pop up, but with now real experience I don't know if they are distant dreams or realistic thoughts. Please reach out if you want to chat and bounce ideas off each other. Im in Oceanside, so if your ever around hit me up!

To everybody else, I've noticed the lack of multi families in the north county area. Is there an opportunity here to build some new multi families? Looking forward to hearing some feed back! 

Again, thank all of you for your responses. Every person has helped and given me confidence in each owns way. If there is anyway that I can help any of you please don't hesitate to ask. Love this place!

@Jonathan Klemm thanks for the response. The duplex idea seems ideal and has been on my mind for a while... Now the hard part. Finding one where the money makes sense. 

@Justin R. Good advice. It makes sense, I don't plan on being stagnant in my career and I have intentions of growing more and more each year... Hence, why I'm here looking to get into real estate. I'd like to chat via PM if you don't mind as you know about our SD market.

@Eric G. Thank you, I like hearing from people that are in similar points in their life. Also, thank you for providing specific details to your decision. I have been looking at multi-family type homes near me but they are so freaking expensive. for example. I recently looked at a duplex, which I wouldn't have minded buying as a short term house hack. My issue was the location. this duplex was priced at $480,000 and comparable rents were approx $1300-$1500. obviously I wouldn't have been hacking as good as you as I would have had to basically pay half of the mortgage which I felt I could live with... better then paying rent to someone else. Like I said though, The location was less then ideal as it was in a rough part of town... Anything that is in better parts of town are 600k+!

Hey BP community! Cant express how impressed I am by the BP community! 

So I posted before about being a newbie real estate investor, Im very excited and cant stop thinking about my options. As of now, I am renting with my wife but we are at the point where we are ready to buy. My dilemma is, do I use my capital I've saved to buy a primary residence, or continue renting and start buying rental properties. I live in Oceanside, which is a small city in North County San Diego where property values just keep going up. Im worried that if I don't buy now / soon, I will have to keep chasing the market. 

My question to all of you is, did you start investing while you were still renting or did you buy a primary residence first before starting your investment journey? Is it a smarter decision to build equity in my own home then pull out the equity in a year or two and start investing then? or start investing now, continue renting and buy once I've built a small portfolio. 

Any comments or suggestions would be greatly appreciated!

@Shayne Cocotis Hey man, Welcome to BP! Im in the same boat as you. Im in Oceanside, Ca, where the market is similar and daunting for the newbie investor. I am trying to learn as much as I can so that I know what Im doing when the opportunity presents it's self. Its nice to hear from people who are in the same boat as my self. If you ever want to talk shoot me a PM. I am all ears and an open book. I love to chat about the possibilities and enjoy going over theoretical deals. Hit me up any time. Best of luck to you!