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All Forum Posts by: Robert Washington

Robert Washington has started 10 posts and replied 36 times.

Post: First Property in beautiful Denver metro area

Robert WashingtonPosted
  • Investor
  • San Diego
  • Posts 55
  • Votes 32

Investment Info:

Townhouse buy & hold investment.

Purchase price: $162,000
Cash invested: $3,000

My first ever property bought in the beautiful Denver metro area! I originally bought this property in Dec 2015 for $162k with an interest rate of 3.5%, however, in 2021 I was able to refi for 2%.

Rent is $1950 a month and cashflow $616 every month.

What made you interested in investing in this type of deal?

Originally I had no idea what I was doing but I was convince I could buy a house after witnessing my ex-girlfriend buy a house and reading rich dad poor dad.

I bought this townhouse and started to house hack.

How did you find this deal and how did you negotiate it?

I used a realtor.

How did you finance this deal?

VA loan 0% down.

How did you add value to the deal?

New fence, toilet, kitchen appliances. Nothing major.

What was the outcome?

I'm still holding!

Hey my name is Rob and I live in the Fernley area. I'm interested in your next meet up in Reno, what time & date would it take place? Thanks for any info.

Post: Reno Nevada Real Estate Market

Robert WashingtonPosted
  • Investor
  • San Diego
  • Posts 55
  • Votes 32

I'm moving to Reno, NV next year and I would like information on places to buy, stay away from, neighborhoods with uptrends and anything else that would be useful.

I hope this is the correct forum to ask this question but I'm looking for recommendations for established property managers in Jacksonville Fl. Thanks

I'm looking for property management recommendations for the city of Jacksonville, FL.

Can anyone help me out? Thanks.

Post: New to the bigger pocket forums

Robert WashingtonPosted
  • Investor
  • San Diego
  • Posts 55
  • Votes 32

Hi! My name is Robert. I discovered bigger pockets podcast sometime during the summer of last year (2018) and I genuinely cannot get enough of the information they put out. This year I decided to give the forums a chance!

Here is my introduction:

I'm 31 living in Jacksonville FL, currently an active duty member of the US Armed Forces. I'm interested in this forum to acquire knowledge on buying and renting (possibly flipping) single family homes and eventually multi-family homes. I have one property in Aurora CO that is being rented out with a monthly profit. I have a home in Jacksonville that I want to fix up and eventually rent out.

Currently my plan is to live and rent strategy because the military is always sending me somewhere new; once I gain more knowledge, I would like to branch out. Any networking events in the Jacksonville area please give me a DM, I would love to attend. Thanks for reading!