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All Forum Posts by: Joey Brantley

Joey Brantley has started 2 posts and replied 5 times.

Post: Finding Positive Cashflow

Joey BrantleyPosted
  • New to Real Estate
  • Seattle, WA
  • Posts 5
  • Votes 11

Thank you for sharing all of that @Shane Kelly! Definitely the most relevant information I've received from anyone regarding Cleveland.

Post: Finding Positive Cashflow

Joey BrantleyPosted
  • New to Real Estate
  • Seattle, WA
  • Posts 5
  • Votes 11

Thanks @Nicholas Misch! I guess I'm having trouble delineating between B and C/D areas in Greater Cleveland. Makes sense since I've never actually been there before.

Post: Finding Positive Cashflow

Joey BrantleyPosted
  • New to Real Estate
  • Seattle, WA
  • Posts 5
  • Votes 11

So I got a lot of great feedback on my Input for choosing a market post from a month ago. I started seriously looking into properties in the Greater Cleveland, Indianapolis, and DFW markets. 

To share the details again. I'm a first-time buyer, Veteran, hoping to use my VA Loan to get into my first property and live in for 1 year before turning it into a rental. I'm very sensitive to heat and humidity so I'm not really considering the Southeast. (I know, DFW can be quite hot and humid, but it's home.) My budget is up to $500k.

I'm attracted to Indy and Cleveland for the prevalence of multi-family properties that I can potentially house hack. But I've found that most of the deals that cashflow are in the less than desirable neighborhoods, Cs and Ds. While after reading David's Long-Distance Real Estate Investing book, he suggested only investing in decent areas so as to avoid headaches down the road. I guess I'm just confused on what I should do there.

For DFW, it's completely different story. I grew up there, so it has a major intangible draw for me being close to friends and family again. But aside from that, I can't see anything CLOSE to cash flowing as an LTR in DFW, only STR or MTR, which I am open to.

I just could use any guidance or advice here. Anyone with knowledge of those particular markets, or just share your perspective. Thanks community.

Post: Input for choosing a market

Joey BrantleyPosted
  • New to Real Estate
  • Seattle, WA
  • Posts 5
  • Votes 11

Thanks a ton for all of your input! I am taking it all into consideration. I am starting to realize that I do have a strong preference for staying in the Northern half of the US where the climate is milder. I'm extremely sensitive to the heat, having grown up in Dallas, TX, the heat is one the main reasons I left. 😅

That said, I am open to moving somewhere for a year. I can handle a year somewhere if I need to.

@Patrick Bavaro Semper Fi brother!

Post: Input for choosing a market

Joey BrantleyPosted
  • New to Real Estate
  • Seattle, WA
  • Posts 5
  • Votes 11

Hello, I am new to BiggerPockets. A new friend of mine referred me. I'm trying to figure out a good market to invest in for my first property. I currently live in Seattle where it is just way too expensive for me.

I am a veteran of the US Marine Corps and I work remotely as a Salesforce Administrator.

I'm looking for maximum cashflow with any time of property under $400k. Planning to use my VA Loan and live in the property for the first year. Open to pretty much anywhere in the US.

Any assistants is appreciated. 😊