Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago on . Most recent reply

User Stats

1
Posts
4
Votes
Dylan Peake
4
Votes |
1
Posts

Advice for new college grad wanting to invest in real estate

Dylan Peake
Posted

Hi this is my first post on the the BiggerPockets forum! I recently graduated college and moved to Denver to start a full-time engineering career. I've been listening to the BiggerPockets podcast for awhile now and have my sights set on building a real estate portfolio over the course of my life. I'll probably rent and live in the downtown area for around 3 years then look into buying a starter home that I can house hack. What practical advice would you give someone like me to put myself in the best position when I start investing? Thanks! 

Most Popular Reply

User Stats

1,315
Posts
1,498
Votes
Joshua Janus
  • Realtor
  • Cleveland, OH
1,498
Votes |
1,315
Posts
Joshua Janus
  • Realtor
  • Cleveland, OH
Replied

@Dylan Peake Is a house hack a goal of yours in the future? Study the requirements for an FHA loan like a book and make sure to set yourself up for success. Examples would be building up your credit, getting the most recent tax returns for the last 2 years in the same field, building up capital for the down payment, closing costs and 6 months in reserves so you can use as much of the rental income from the other units as your own income when you getting qualified. These are some barriers I had to make sure to be able to climb over. Let me know what questions you have.

Loading replies...