My goal is to purchase my first property between now and mid to late 2025.

I have helped many investors purchase LTRs in Little Rock,AR, Memphis,TN, and OKC.

So the idea of doing this all from afar is a bit daunting, however, I know the most important thing here will be to create a great team and outsource as much as possible.I have set my sights on a couple of different markets being in the Southeast and the Midwest; these markets seem to provide the cash flow I am initially interested in generating to value add to the properties I purchase.

Hi all,I am a young newbie investor looking to make my first real estate purchase in 2025.

Purchase price: $2,400,000 Sold a single-family home and did a 1031-exchange into a 5-unit building at a cheaper price.

The exchanger purchases buy and hold real estate occasionally 1031ing when appropriate. 

My last purchase (built 1900) has no closets.

If there isn’t significant equity capture at this purchase price, and it’s not in a great location, this would be a pass for me.

A multi-unit property was purchased for $140k. 

Find a mentor that can help you through the purchase of your first house hack, and get something you can fix up off market directly from the owner.Use the help of the mentor to find out if it's a good deal and to help you understand if it could work.