All Forum Posts by: Sarah Bridges

@Kristen Savino I agree with you on Florida's taxes and insurance being high! I've noticed that. 

@Samara Huntley If it hits all desired returns I am happy. 

Thank you everyone for the feedback! This will be our first property we have ever purchased, so we can use all the input we can get. From the sounds of it, STR is going to be our best bet and is going to be what ensures our success. We are not as familiar with STR because we have done most of our research in LTR. However, we are willing to learn. Another challenge is we are trying to buy before we PCS which leaves us unfamiliar with the area. Thankfully we have @Matt "Roar" Gardner to help with that. We appreciate all the help we can get. When we do purchase a property, we would like to self manage to gain as much experience as possible. In the end, the goal is to build wealth and eventually have financial freedom through real estate.

@Francisco Beltran we have noticed that multifamily properties are very rare and over priced as well! So it might not be a realistic way to go for us. 

@Matt "Roar" Gardner thank you for your comment! Bryan and I are happy to be working with you through this process. 

@Nick Barlow Yes we are running the numbers with no money down for the VA loan.

My husband is in the military and we are getting restationed to Okaloosa County, Fl, (Destin, Crestview, Niceville, Fort Walton Beach) area. We want to purchase our first investment property, preferably a multifamily, and house hack to build wealth. We are also open to purchasing a single family as a investment property. However, there doesn't seem to be any properties in the entire county that meet the 1% rule. We have educated ourselves, saved up cash reserves, found a real estate agent, and gotten pre-qualified for a no money down VA loan. BUT CANNOT FIND A GOOD PROPERTY TO INVEST IN. I've always been taught to only go for a property that meets the 1% rule, if not 2%. But the market is crazy. What should we do?