All Forum Posts by: David Pere

@Christopher Eaton You should talk to @David Pere about this! 

@Lacey A. providing military id card is not normal for active duty, and most are ordered NOT to provides copies of it or for it to be copied, EVER. There is serious security reasons for this, like persons working to get on base that shouldn't be. You put that as a requirement in writing, it's a matter of time before your getting a visit from someone demanding to know why your trying to get id's. 

If you want their chain of command, you ask, that's it. Ask for who that is and there #, making sure they know your going to double check with them, it's that simple. You want a Sergeant of whatever kind.

If you want to know what they do, ask there MOS. 

Hello, Enrique here, about to retire from the Marines after 24 years and semi new to real estate investing. Currently have a rental property in NC and own a primary home in California. Looking for all of my options to expand my rental properties. Not the best credit but working on bringing that up. I will have about 30k accessible to invest upon retiring in October 2023 and I’m also interested in accessing the equity either in my rental or primary houses. Any and all advice will be greatly appreciated. I look forward to connecting with everyone. 

I love this community! Thanks for adding me on this thread @Scott Trench. 

Hey Daniel I was in such a similar position to you it is not even funny. I am 21 years old now with 10 units with 3 more under contract, active duty marine, NO BAH, travel a bunch, and super ambitious. 

My biggest advice is to focus on building relationships with as many real estate investors, agents, wholesalers, and contractors as you can. You should absolutely leverage your VA loan to house hack in Panama City, Florida.

Somewhere within an hour vicinity of you is a smoking deal hopefully a quadplex where you can live in one unit and rent out the others as long term rentals, rent by the bedroom, medium term rentals, or short term rentals. There are other variations of producing cash flow with your VA loan I did not mention. House hacking in my opinion is probably the simplest and best way to get started because you'll learn what it is to be a real estate investor with possible no to extremely little money out of pocket, and build wealth through cashflow, appreciation, and loan pay down.

I would listen to all the podcast episode you can while you are on the search for your first deal, I would recommend using a realtor for your first one to hold your hand through the transaction, preferably someone who owns a ton of real estate in the area you want to invest in and even better if they have house hacked themselves so you can use their insight to your advantage. Furthermore, I would also while you are on the hunt for your first house hack and listening to as many biggerpockets podcast as possible, reach out to other investors and learn what they do and what typically is most successful in your market. I have bought three deals off market at great prices, from these people in my market simply because they liked me and wanted to help me due to me being young. Use that to your advantage and get around as much success as possible. Lastly, you will run out of money fast so focus on becoming skillful in whatever niche you chose to start with so that eventually you can help other people build wealth by using their money to buy even more real estate. @David Pere has an awesome group of military guys/gals that will help supercharge your knowledge of how to leverage your military status to millionaire status. 

Don't hesitate to reach out to me if you have any questions always happy to help, with nothing to sell.

Jabbar

@Josh Myrick Networking! Go to local meetups, go to conferences that military folks attend, and if there isn't a local meetup, host your own. You're going to have to establish a social media presence if you really want to grow. TikTok, IG, etc. Just ask @David Pere. 

Build a relationship with a lender who specializes in VA loans and see if they will give you referrals. Brand yourself as the "military RE agent in (your town)". Go to the VFW and pass out cards, free stuff, just get out there and meet people and seek to provide value first.

Good luck and keep us updated!