All Forum Posts by: Kole Moore

That's what I wasn't sure on @Daniel Haberkost but I agree. I wasn't sure if everyone else was doing something else and I am the black sheep. I want to live and invest in San Diego I just was not sure if it is the smart thing to do. I don't think I would be comfortable living somewhere and investing out of sate or remotely for a long time until I am a seasoned investor. 

Hi @Anna Swartz-Lopez thanks for clarifying, so what is an example of a multifamily? I can only thing of apartment complexes.  

@Evan Polaski Thanks for the advice. What exactly is a 4 family with 2-3 bed units? That does sound ideal, as I am not sure how much I will be approved for I was thinking a duplex which I believe still falls under multi family just not a 4 family is why I ask what a 4 family is. I agree on living frugal, I don't mind living below my means to build my investments. My end goal is to escape the rat race as quoted from Rich Dad, Poor Dad. 

@Kenneth Donaghy I completely agree. I wanted to start off buying turnkey investments. 

@Twana Rasoul Hi Twana, thanks for the advice. I will definitely keep this in mind and start branching out more with others and their experience with their VA loan.

Hi there, college student here projected to graduate in two years with an engineering degree to fund my investments. I am starting out early scoping out the scene trying to decide where I want to start my investing career. How does one decide where to invest? Does one simply invest where they want to live? As of now ideally, I want to move to San Diego post-graduation and use my VA loan to buy a house a year and house hack during the year saving for the next investment.

Thanks @Twana Rasoul, I agree! I plan to use my VA loan and house hack. I wont forget the PM! haha

@Ian Ippolito Wow this is fantastic advice, thank you. Sounds like doing some serious digging into the due diligence is key. Thank you.

@Bill F. Good point Bill and I agree. Thank you.

@Ivan Barratt Great advice! That's a good way to check if I am ready, but don't think I am but more importantly I have learned priceless advice. Thank you. 

@James Hamling Thanks James! I agree, there are so many ways to get scammed I am scared to get burned by not doing something right. Or thinking I did enough research and finally taking the leap and end up leaping into something terrible. I like REITS to, to be specific I usually invest in a few REITS themselves then also Index REITs to be safe. Would love to pick your brain more on REITS if your open to it! Thank you!

@Carl Fischer That's a great Idea to use your IRA, as I have an IRA with the military also and will look in to utilizing this in the future for a possible way to fund an investment. Thank you.

@Collin Placke That's a great way to look at syndication. As I know emotions have no place investments, I did not think it applied to syndication but that is quite eye opening. Thank you. 

@Andy Mirza That's what I am ultimately afraid of, con men. That makes sense though, to be careful who I deal with. Someone I have had a lasting successful relationship with. Thanks 
Andy, eye opening advice I will use in the future to build my investments. 

@James G. That is promising to hear. I will get experience in investing overall before I think about syndication with anyone. Weather it be giving my money or trying to take peoples money for an investment. Thank you!

@Steve Vaughan Yes I agree, I was a bit confusing. I do invest in REITs online but they are minimal investments and nothing substantial enough for me to "escape the rat race" and I think the cash flow opportunity and well the opportunity overall is significantly bigger if I invest in more hands on real estate outside of REITS or index REITS. I do like the sound of how passive syndication can be though, thanks Steve.

@Joshua Ferrari Thank you, I will definitely add Brian's book to my list as I love Bigger Pockets books and am reading one right now.

@Frank Wong That is a humble opinion Frank. That is great advice I think I am gonna go with it which leads me to wanting to wait until I have built up substantial capital before I partake in syndication.

@Joe Splitrock Thanks Joe, I will definitely check Brian's book out.

@Nicholas L. I completely agree, as this post taught me so much about syndication, I think it would be a good idea to wait until I have built up my portfolio and the syndication deal would be a smaller amount of my investing portfolio. 

@JD Martin Thanks JD, sounds like many have agreed on this that it is not meant for early on investors. I now understand syndication more and see why it is important to wait for the right timing.