All Forum Posts by: Shawn Mahoney

Save, save, save get as big of a down payment ready.  Read books and blogs (Mr. Money Mustache, Rich Dad Poor Dad).  Listen to podcasts (BP, BP Money, Choose FI, Afford Anything), pick a market watch what sells and what rents closely.  House Hack for your first investment and get your hands dirty.  Get to know local like minded investors.  

Flagstaff is a  great market, but it's all in the buy and it's very competitive.  I tried to leave my phone number to discuss local market specifically but a moderator won't let me due to self promotion.   Not sure what I'm promoting....

Once we can start meeting as groups again I'll invite you to a group that we have going here in Flagstaff BARF (Beer And Rentals Flagstaff) a group that meets at Motherroad Brewery and has some good conversations about rental properties, landlording, and beer...

Local Flagstaff here, your main asset is to house hack for the next 3 years while in college and Flag is an awesome rental market! Buy a house have roommates, use what you would pay for rent and your roommates rent cover mortgage. The mortgage terms are great for your primary residence. After three years you could sell without tax implications if it was your primary residence or you could keep for your portfolio and repeat house hack use by buying your next "rental primary residence" wait another 2 years repeat again. Veteran? Use VA loan and do this process even more effectively! Even with the high prices, with your house hack capability there are some properties that work. Keep an eye on the market, you've got time...

In Flag, what's a Bandit shop?