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All Forum Posts by: Kyle Harlan

Kyle Harlan has started 1 posts and replied 3 times.

Yeah @Ramsey Blankenship that was what I was thinking. I work for the fed Gov so they would want to see cable and utilities on the place. I was really looking at something walkable to the beach. Since I live in cali the difference in state taxes on the move completely change the money angle of the buy. Anyone have any idea on how this would work since it would be my primary residence? I know there are laws on how many times you can rent out second homes but I can't find anything on this.

I'm a 22y/o Merchant Mariner who is away from home 8-10 months a year. I currently live with my parents because I'm almost never home anyways. 

I'm looking at buying a home in northern Florida and rent this home while I'm away at work. I would like for this home to still be able to be claim as my primary home due to the great difference in state income tax.  Ideally I would like to be close to NB Mayport(Jacksonville), Panama city and Pensacola My ships may spend time there occasionally. 

My parents own 4 SFH which are all self managed with this I picked up a bit of the trade since I was able to walk. I would like to manage anything I purchase but at this point due to my day job it is unfeasible.

At this point I'm not entirely sure what I want to do, but I do know I'd like to find a way to take all the money I pay to California and at least have something to show for it. If any of you have any ideas on this let me know I am not restricted to any where in the world due to my job. I kinda figure a cap on my spend will be around 350k. I don't think I would buy anything for about another year or so. I would consider doing a BRRRR. While I am a recent college grad I wont qualify for any of the home buyer assistance on income basis.

Originally posted by @Brad Nelson:

Fleet Avenue is looking really good!

Demograghic trends favor areas within biking distance of downtown central business districs.  It's a 5-10 minute commute downtown by car from S.V., also a plus.  Investors should come together and rebuild block by block.  A few dozen rehabbers agreeing to focus on single blocks north + south of Fleet, would create a multiplier effect.

Rehab properties block by block starting at I-77 and sweep east. Pooling resources in this manner would create the most impact in the least amount of years. 

It's eventually going to pop because of it's central location.  Investors + rehabbers working together can accomplish in 5 years what took decades to occur in Tremont.  

Seriously this!!!! If this actually comes together let me know. It would take a lot of effort because I'm sure someone will catch on and refuse to sell. The key to me atleast is everyone would have to wait to atleast 6 months to renovate so we have time to buy all the houses. Once we own them all it would take two months to seriously improve the block