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Updated over 1 year ago,

User Stats

9
Posts
2
Votes
Nick Halula
2
Votes |
9
Posts

New to Investing

Nick Halula
Posted

Hi everyone, My names Nick and I'm a 27 year old nurse hoping to buy a property soon in the San Diego area. My goal is to own a few properties over the next 10 years or so and get a stream of passive income while gain equity on the properties. I have around 100k, I am able to put down. Growing up, my brothers and I did a lot of handyman working with renovating units because our parents owned 2 large apt complexes, totaling 45 units in Pittsburgh, PA. So I ideally, I'd like to buy my first property as a fixer upper here in SD where I could live and fix up, while I'm not working, all while utilizing a FHA loan. I'm also considering buying in an area where properties are cheaper and I could hire a property manager to run it, so I could save more money on a property.

I just finished reading Brandon Turner’s The Book on Rental Property Investing and Rich Dad Poor Dad. I feel like it gave me a lot of information but I still feel like I need to learn a lot more before buying. Does anyone have any advice on resources/things I should should read/learn next? I feel like there is just so much information out there that I am having analysis paralysis. So if anyone could please point me in a right direction of where I should focus my time and energy on learning, I would greatly appreciate it! Sorry for the lengthy post but hope to hear from someone. Thanks in advance!

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