All Forum Posts by: Paul H.

 any update on this?

I think it is a positive thing.  Housing discrimination furthers societal discrimination, would things be easier for some parties (landlords) if they could discriminated against people at will?  Yes, but it damages us as a society.  

I have family connections there.  What do you need?  I'm from Indy but live in Asheville as well.

 Please clarify.

 We own our own home outright, thats the $270K

Ok, It's pretty much decided that Asheville won'y be my primary market.  I'll get a cashflowing property nearby and start a yellow letter campaign in Asheville to see what i can get.

We decided to move to asheville because it is one of three places in the US we WANT to live (@Joshua Dorkin Denver is another, I'll keep watching your job board). If i have to rent in Hendersonville, or Johnson City, or even Knoxville I will.

But what is the best way to use my equity, bearing in mind I soon want to be a "happily unemployed" investor, and I'd like to do it in 5 years?

We  we are moving, from Indianapolis to Asheville.  

Where we are:

1. I have a good job that make 3-6k month. 

2. My wife has a business that makes 1.5-3k month.

3. 4 month old.

4. I know lots of people who would loan money, for a good deal.

5. ~$270K in total equity.

6. Must buy a house in Asheville this year.

Goals:

1. Financial freedom.  I would prefer to work only on my real estate investment.

2. Travel without limit.

3. Financial stability for my family.

What I'm thinking:

1. BRRR in Asheville for a multifalily, a la @Brandon Turner

a) Direct mail, I did it for a previous business and it worked well.

2. Standard mortgage duplexes in Indy

a) I have a lot of contacts there and plant to go back often.

b) The MLS has many $145-190k duplexes that rent for $900-1000 a side.

What do you guys think I should do?

We are looking to buy a house hack in Asheville.  Anyone know an investor-friendly agent, preferable who owns investments?