All Forum Posts by: Johnny Torres

@Mostafa Faghih Nice. I like that idea. I thought about turning it into a mid term rental like for traveling professionals but scratched that idea a while back. I'm going to look into it again. Thanks!

@Scott Crowley Thanks Scott. I do have to sit and really run the numbers. So far I've been just guesstimating.

@Jaron Walling Yea that's good advice. It just feels like I have to make a decision soon because a lot is going to change in a few months. But you're right that I shouldn't rush. Thank you!

Hi everyone! I'm looking for advice or your opinions on my situation.

I currently own a home in Orange Park, FL (basically Jacksonville) that I bought on March of 2020. It's a 4br 2 bathroom sfh in a really nice neighborhood and has a relaxing pond in the back yard. According to common real estate search sites like Redfin and Zillow the value has increased $100k-$130k. I owe $187k on it.

I'll be separating from the military in August and moving to Guam. I'm trying to decide if I should rent the house out or sell it.

If I rent it out I'll have a decent cash flow. I've also considered selling it and using the money to buy more property, specifically multi family homes.

What do you all think is the best route to take? Thanks in advance for any advice!

Hello all,

I currently live in Jacksonville, FL and am looking for a part time job that will be good for networking with real estate professionals. I'm currently active duty Navy so my time would be limited but I'm looking to finally begin investing in real estate. I've been in analysis paralysis for around 2 years now and need to make some moves! 

Anyone have any suggestions, stories, or experiences they would like to share?

Thank you all.