All Forum Posts by: Jordan Boyle

And just add to the conversation, the reason I feel that starting in a SFH is a wise move is because I have a family of 6 including myself so finding a MFR that accommodates us is proving to be difficult, I figure that I can have a house for my family and rent it out when the time comes while learning how to do minor jobs myself without a huge rush, IF SOLD I would aim for avoiding the capital gains tax after at least 2 years. I'm still working out kinks and playing with the idea in this so bare with me, but I might ask some advice at this point, what could be done differently? Like I said I am adaptable as knowledge and other opinions come into play.

Thank you all for involving yourselves in this introduction and welcoming me, all of your inputs and advice is appreciated. Yes I do agree that the podcasts carry loads of information, I listen to the podcasts as they are updated while working.

Hello, my name is Jordan and currently live in Klamath Falls, OR. I'm almost 29 years old and am quickly increasing my confidence and knowledge of real estate investing. At this point I'm thrilled that I've read Rich Dad's books and found Bigger Pockets to fill in the blanks because they have both changed the way I look at the world in a tremendous way, best of all I have this understanding before I've ever even bought a house. I figure at this point with ok credit and low debt to income I will start my journey with buying a SFH after the new year, using part of my tax return as a 3.5% down payment with an FHA loan and buy it under market, as we add value to the house, starting to implement the "BRRRR strategy" to fund a duplex. From there I will be continuing to add to my portfolio of 2's, 3's and 4's to eventually reach an apartment complex. I will be studying the markets in Portland, Oregon and Henderson, Nevada to expand and grow, also because I have lived there for most of my life. I hope to use this strategy most of the way, as I will be adaptable to another strategy if needed. I figured that I would use this post as "goal setting" for myself. Thank you for your time and I will continue to snoop around Bigger Pockets.

Hello, I have a question about a clean, kept up un gated neighborhood dominated with park mobile homes or manufactured homes with a few houses with foundations. Will a house on a foundation live up to the rest of the neighborhood property value or will it throw it off? I'm trying to understand how a neighborhood holds property value and declines in property value.