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Updated 12 months ago,

User Stats

19
Posts
8
Votes
Trace Martin
  • Investor
  • Austin, TX
8
Votes |
19
Posts

I need some guidance on my finances and next steps to secure me for my first deals

Trace Martin
  • Investor
  • Austin, TX
Posted

I am trying to figure out what my next steps are. I think I know what I need to do, but would like some feedback and other's opinions. I am a few months away from graduating college with a bachelor's degree in Entrepreneurship and a minor in Finance. I currently am making $15 dollars/hour, which is about $1500-$1700 a month (roughly 20k a year) on average with about 15k saved up. I want to get investment properties, but I feel like I need more income and high amount saved. I can't really go full time because I have classes in the morning and currently work the afternoon up to 8-9PM. Should I stick with my current job until I finish my degree and then use my degree and be able to go full time in the summer with a higher paying job? Should I search for a higher paying job now and quit soon? I am also thinking about moving and that will also give me more flexibility with where I can work, so I could wait until I graduate then move. Should I just keep doing school and current job, while finding time to network in my community? I am also currently 20% through my real estate course to get my licence and I feel like that would help with anything I do real estate wise. I am just a little lost in trying to find out how to get into the real estate market and start to make money with different methods like wholesaling, arbitrage, BRRR, etc. Any tips or advice will help.

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