Beginning of Chapter 1

[Sabur Hussain]

Hello everyone! My name is Sabur and I am currently a college student. Real Estate was always something I admired growing up and knew it would be something I would be interested in once I got older, I just didn't know when I would get involved. Graduating High School I planned on majoring in Kinesiology to become a Physical Therapist because my parents always wanted to have a doctor in the family. However after two years in college I have come to the conclusion that the med school route is definitely not for me. With that being said I plan on changing my major to finance hoping it will educate me more on the business side of real estate (if that makes sense). With that being said I've started reading some bigger pockets books like "Rental Property Investing"  and once I finish that I plan on reading "Investing in Real Estate With No and Low Money Down". Although I have an idea on how I can kickstart my real estate journey I was hoping to receive some pointers from people who are a lot more experienced. If you have gotten this far in my post I greatly appreciate you for giving me your time and look forward to reading your responses. Thank you in advance!!

[Chris John]

@Sabur Hussain  I have a finance concentration, but never really intended to use it professionally and only got it to help with my personal investing.  Honestly, I'm not sure if it served that purpose very well because I think that someone can definitely learn a lot from personal finance books about real estate and stocks and just skip the four year degree (for personal investing - not business finance).  I guess I'll never know for sure, and I definitely don't think it hurt, so I'm happy with my choice in the end, I guess...

Anyway, I'm a plodder, so my "boring" advice would be to save for a down payment and get a fixed rate on a property that will pay for itself, plus put a little money in your pocket for a rainy day.  Then, I'd save for another (which will hopefully come more quickly).  As years go by, you'll add more and more, especially when you start to get equity.

I will say that I regret not scaling into multifamily properties earlier on and not being as intentional about my growth as I should have been.

I should've bought a house, waited until it had good equity, 1031d it into a small multifamily, waited until it had good equity, and 1031d it into an apartment.  I see it very clearly now (I think) and I believe I've been inefficient in the way I've deployed some of my equity over the years.  I should have 10 apartments by now, but instead, I've only just started buying 4plexes a couple of years ago.  Anyway, what're ya gonna do?  Things are great, but they could be greater!  haha.

Just my 2 cents and I'm anything but an expert.

Best wishes!