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Updated about 2 years ago on . Most recent reply

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Mentorship advice (have capital)

Posted

Hello I currently am very new to real estate but have been doing research since 2 years ago. I’m a 29 year old travel nurse in Austin and live in Houston. I currently have 70k in capital saved up. And I also was looking more into MTRs and LTRs for my first investment. My sister and her boyfriend are planning to be my tenants once I have found a property. Afterwards I plan to include some Airbnb rental arbitrage to my portfolio to help save up more capital once I come back to Houston and plan to cohost for free for one my friends that has one in downtown so I can learn the ropes. I would love to have a mentor as I try to find my first property. I have the money but I am just having a hard time finding houses since the interest rates have been high and the houses I have been analyzing are just barely break-even. Thank you! 

Also I have my own house which I had bought for my mom to where I have a HELOC on it thats about $30k to help for a 20% down payment.

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Jordan Moorhead
  • Real Estate Agent
  • Austin, TX
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Jordan Moorhead
  • Real Estate Agent
  • Austin, TX
Replied

@Ashley I wouldn't pay for a mentor. Buy a househack and you'll learn so much. At that point you an reevaluate mentorship. There is too much free info out there to pay for it

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The Moorhead Team
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