Hello Bigger Pockets community, my name is Taylor. This is my first of many posts in this community, I can't wait to hear more and continue to learn through Bigger Pockets. I live in the Dallas area, more specifically Frisco. I am 18 years old and have just discovered real estate and it instantly felt like something I wanted to do. I have preformed very well in school but, I want to take risks to earn a financially free life. I understand this doesn't come overnight. I am a hard worker and will do what it takes to get my goal. (i want a porche)

As of right now, I have began planning for the future day (hopefully my senior year of college) when I have the money to put towards a down payment on a duplex that I can house hack and continue my journey from there. Hopefully flipping a couple of homes to gain some more capital along side my fingers crossed temporary 9-5 job.

I have decided since I am young, to spend the next couple of years reading, listening to the Bigger Pockets Podcast, and get a job or an internship with a local realtor when I go off to college in the next couple of months. I have had a couple of questions so far.

1. Is this the right blueprint as of now? I know this is the future and that real estate has many different options/paths to go down. I also don't have a great understanding of real estate yet but, I want to get a rough outline for my future goals. It makes me feel safer and more on track if I have a set of things to do.

2. Is refinancing my original duplex a solid plan for investing into a flip property a couple of months after this original investment? I see a lot of people suggesting hard money for flipping but, I don't know if I should refinance and then hard money, or what the right idea in general is.

3. Finally, what would be the best majors to go into real estate investing? As of now, I want to follow the more entrepreneurial side of real estate in the form of house hacking, flipping, and then eventually BRRRR when I have the capital. I still plan on getting a 9-5 out of college to earn money towards the down payment on my first house hack but, was wondering what everyone suggests. '

Thank you so much to whoever took the time to answer this. I really look forward to understanding more and continuing down this lifestyle.

Dallas, Texas

0 Votes