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All Forum Posts by: Preston Humbard

Preston Humbard has started 9 posts and replied 30 times.

Post: Chattanooga, TN vs. Dubuque, IA

Preston HumbardPosted
  • Toa Baja, Puerto Rico
  • Posts 33
  • Votes 9

Thanks everyone for the input unfortunately I don't get to "pick" exactly but I do get to make a list in order of precedence and looks like Chattanooga will be on top

Post: Chattanooga, TN vs. Dubuque, IA

Preston HumbardPosted
  • Toa Baja, Puerto Rico
  • Posts 33
  • Votes 9

@Luka Milicevic. . Luka thanks for the input.

Post: Chattanooga, TN vs. Dubuque, IA

Preston HumbardPosted
  • Toa Baja, Puerto Rico
  • Posts 33
  • Votes 9

@Luke Hoffmann. . That's good to know I'll be sure to reach out once I find out where I'll be moving. I most certainly could use help to get started.

Post: Chattanooga, TN vs. Dubuque, IA

Preston HumbardPosted
  • Toa Baja, Puerto Rico
  • Posts 33
  • Votes 9

@Brian Levredge. . What are some of the better areas to look in? It looks like Hixon is a decent spot but I'm sure there are plenty more.

Post: Chattanooga, TN vs. Dubuque, IA

Preston HumbardPosted
  • Toa Baja, Puerto Rico
  • Posts 33
  • Votes 9

@Luke Hoffmann. . Dubuque looks pretty cool maybe a little lesser known as far as investing then Chattanooga but that could be a good thing. A small multifamily would be ideal. I like the prospect of house hacking on this next one and that could be beneficial.

Post: Chattanooga, TN vs. Dubuque, IA

Preston HumbardPosted
  • Toa Baja, Puerto Rico
  • Posts 33
  • Votes 9

@Brian Levredge. . It looks like a great area! Thanks for the input.

Post: Chattanooga, TN vs. Dubuque, IA

Preston HumbardPosted
  • Toa Baja, Puerto Rico
  • Posts 33
  • Votes 9

I'm looking for input on which of these investment markets might be better over the other. I will be moving within the next year for work and these two areas, Chattanooga and Dubuque, are at the top of my list. There is a possibility I will only be in the area for 1 or 2 years and I'm looking at which might be best given the circumstances. Any input or information would be greatly appreciated.

Post: So what's holding you back?

Preston HumbardPosted
  • Toa Baja, Puerto Rico
  • Posts 33
  • Votes 9

@Alyssa Dyer...For right now we are leaning more towards something that cash flows, appreciates over time and will make it through any downturns. In the future we are certainly up for other strategies and we continue to research these as well just to learn as much as possible.

Post: So what's holding you back?

Preston HumbardPosted
  • Toa Baja, Puerto Rico
  • Posts 33
  • Votes 9

@Frank Patalano..We currently have our first place back state side in MN. I'm only here for a couple years and real estate down here feels like a whole new ball game. We thought about it for a bit and decided maybe for now try and stay in MN where we know and already have contacts. I just recently heard/read about the distressed properties and will have to look into that more. Thanks for the response! I think I'm just having the newbie blues. I'll continue to read and learn and hope that will help me tons!

Post: So what's holding you back?

Preston HumbardPosted
  • Toa Baja, Puerto Rico
  • Posts 33
  • Votes 9

I'm sitting on what I feel like is a good amount of money to find a property that works in my favor. But I cant seem to figure out how to make it work with the deals I'm finding. What's frustrating is I know a seasoned investor could take this same amount and probably obtain 2 or 3 properties no problem. Feeling lost and like I will have to wait much longer to find our next property than I want to.