All Forum Posts by: Mitch Walker

Hi Ana,

I'm not an investor yet, but on the site to learn and become one within the next 1-2 years (I'm a travel nurse riding out the market).  Here's my two cents.  I've rented rooms, units, and sometimes had my own bungalow while traveling.  I'm 43, and have realized, I've reached the point in my life I will pay for quality of life (whether that means higher rent/mortgage to be in a location I'd be more happy with, etc.) instead of trying to save something as simple as $125.  If hypothetically, you're so tight you need the $125, then that's a different set of criteria to impact the decision.  Here's another thought.

Use the Benjamin Franklin close to decide.  Make a column of both parties, or two separate ones.  Put pros/cons and list each of those for both tenants.  Eventually, emotions aside, you'll have either a longer pro's or longer con's column for both groups.  This may help you look at hard facts.  Ultimately, with a baby, you have to decide what you value more.

Good morning to all,

I'm a traveling operating room nurse from FL originally...my girlfriend and I plan to make a perm location somewhere in the greater south/southeast. Possibly, Savannah, Charleston, NWF (If I can convince her). Question is this. I browse zillow, redfin, realtor.com, etc. to see how many listings and how big a market is. I LOVE the idea of our first property/home (first time homeowners for us also....likely to be in 2024, market depending). However, I want to then begin the journey of transitioning from healthcare into real estate (not a quick transition I know), but while we love smaller, more charming, charismatic cities, I am curious if they'd be too small for investing. Would we be better off in say Tampa, suburbs of Atlanta, or outskirts of a Nashville/Knoxville, or Birmingham like location? I/we don't want to be in huge cities (we're early 40s and value quality of life vs crazy traffic), but want to be proximate to options and accessibility. To summarize, how do we decide what is the better option....smaller town we'd love, or something slightly bigger. I also like the FHA 3.5% down approach

Thanks so much everyone.

 Hey Chris, 

Is there a way I could message (I'm new to the site).  I'm a travel RN (worked in Boise last year and flying to visit my gf April 18th).  Would love to chat briefly with you on the HH topic.

Thx, Mitch

John,

Thank you sir, for the reply.  Air bnb has sometimes been extremely expensive.  I've never spent much time in TX so I don't know what's considered in/off season.  Our main website (Furnished Finder) is often not correctly listed (ex: a "entire unit" is sometimes one's bedroom in a home.  Should be listed as a room).  I'm slightly shocked at asking prices.  One property owner stated we're coming into the high season and didn't want to lose money.  I will check the sites you've mentioned and again, thanks for the reply!.

Cheers!

Hello everyone.  First, if this is considered "inappropriate" please let me know.  I am mostly on the BP site to learn about real estate investing as I want to slowly transition in the next few years from my current job as an operating room nurse.  That being said, I'm a traveling RN who is asking if anyone has a property or knows of someone who does in Amarillo, TX.  We in the healthcare business have 1-2 websites we can use, but many property owners take advantage of us financially, thinking we still make $10,000/week.  We don't.  We never made that much during the "pandemic."  

Thank you for your time.

Mitch

 Hey Lawrence,  

I'm brand new to the site and not yet at a point of being able to invest.  My girlfriend and I are in process of moving in together in Indy for 1-2 years while she/we regroup.  I'm actually a traveling RN which is why I wanted to comment quickly.  Our business is RAPIDLY changing and our rates are not what they were during covid.  I wanted those who see this forum/post to be aware our rates are dramatically lowering, due to gov't stimulus reimbursements to hospitals no longer being paid out (nearly two dozen hospitals actually went bankrupt or outright closed in 2022).  

I'm an aspiring house hacker myself and I appreciate your above response regarding a friend renting to people like myself.  Just wanted to mention the info so people don't misunderstand we aren't making what we did even 6 months ago.