Investment Info:

Townhouse buy & hold investment.

Purchase price: $72,500

Cash invested: $9,500

Property details: 2/1 Townhouse. Property was in good condition. Hospital, military base, and un...

Investment Info:

Townhouse buy & hold investment.

Purchase price: $72,500

Cash invested: $9,500

Deal finding: Upside opportunity to increase rent over time. I am expecting to increase rent 10%...

Apparently in Columbus the back taxes fall on the current owner and does not follow any previous owners.I've heard from other investors that The Board of Education is doing this over and over and really hitting new investors hard.

Sorry for all the questions, but I am new and trying to learn what the best route is to hit the ground running!

I know you’ll hit it big.

Troy  just because a property does not meet the 1% rule or .08 does not mean your over paying. in many markets top shelf real estate only hits the .03 rule or .05  1% rule is in markets that are generally flat on appreciation or historic appreciation and or risky vis a vi the tenant base.. 

Chris - I think typically you won't take a "hit" on your credit for multiple pulls if they occur within a similar time range.

@Kenneth Garrett had hit this one pretty much right on the target. 

Using the advantages and benefits of your VA loan is very smart to do at your age and if you hit it right on the neighborhood, after you live-in for a year, you could be looking very good for a refi so you can go do it again elsewhere.

(Here in Colorado Springs, we've seen 16% appreciation in the median home price over this time last year, so Redfin was juuuust a wee bit off.)New listings will hit 10-year high ... and it won't matterIn 2022, Redfin predicts that new listings will surpass the 2018 high of 7.6 million homes, setting a new record going back to at least 2012.