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Updated over 7 years ago,
Rookie Real Estate Investor
Hi all, I am a 23 year old recent college grad - Have been working full time and since college, I will have accumulated $20k in cash to start my real estate portfolio. I have been looking in the Baltimore / Towson area for the last 4 months as I understand the market (going to school here and being a renter). Have had a couple deals fall through right before getting them both under contract for different reasons. Question is simple and open ended and I remember this being a point to ask in a few of the guests on the podcast. What would you do in my position?
I have been looking for a single family to get a house hack and rent to college students (or young professionals) because they pay usually per bedroom rather than a family who would pay average rental rates). I have been networking heavy AND am actually helping promote an event Brandon Turner will be at in September. (( https://www.eventbrite.com/e/wealth-building-summi... ))
Looking forward to any advice comments!
Thanks in advance.