On today's show: how U.S. Army Staff Sgt. Naaman Taylor is combining house hacking, partnerships, and VA loans to build himself a comfy retirement... all while serving his country overseas!
This episode has something for everyone – from structuring partnerships to stretch your dollar farther, to hiring property managers and identifying a trustworthy mentor.
Be sure to let Naaman (he said we could call him "Taylor") what you thought of the show by visiting our show notes page at biggerpockets.com/rookie24 and leaving a comment... or sharing your thoughts in a post in the Real Estate Rookie Facebook Group.
In This Episode We Cover:
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Planning for a financially secure retirement while working a steady military job
- How to use VA loans more than once
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Common mistakes when using a VA loan
- Duplexes vs. single family homes
- Overcoming an early bad experience with a tenant
- Using Dave Ramsey's principles to save money for down payments
- The advantages of a 50/50 partnership
- Generating "truly passive income" rather than creating a job for himself
- How to interview property management companies
- Taking advantage of the "2 in 5" tax rule with your primary residences
- How to vet a potential real estate investing mentor
- And SO much more!
Check the full show notes here: https://www.biggerpockets.com/rookie24
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