Quote from @William Taylor: Quote from @Travis Biziorek: Your numbers look OK-ish to me.Some things that jump out... how are you planning to buy this with so little down? 

I got my license as an agent and have done a lot to learn as much as possible about the market I'm in and the real estate world in general.I am working with one investor currently, building a plan to start spec building in the new year, with a few other ideas as well.I'm excited to meet like minded people on this forum!

Getting an LLC in place from the start can provide peace of mind and give you a chance to familiarize yourself with the process before expanding your portfolio.

Quote from @Arron Paulino: I had to remove four of my out-of-state properties in order to refresh the listings and start anew.

I started off wholesaling and I closed on 7 properties.

Best of luck on your journey, the DMV in my opinion is still one of the strongest markets in the US to get started in.  

Start to evaluate deals based on the income approach and you'll do much better long term investing. 

Because just those costs can run you close to $75-100k if you hit any snags.I love talking about investments and I love the Packwood area, if you want to dig in more, I would be happy to jump on a call!

🎉 As we kick off 2025, I want to encourage all my fellow Americans stationed in Germany—or preparing to move here—to start thinking differently about your housing allowance.Did you know that your housing allowance could be more than just a rent payment?

I too would love to jump in on this!