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Updated almost 6 years ago on . Most recent reply

User Stats

7
Posts
2
Votes
Zak Blechman
  • Lender
  • Hoboken, NJ
2
Votes |
7
Posts

Where to Invest your Capital & Saved Income as a RE New Comer

Zak Blechman
  • Lender
  • Hoboken, NJ
Posted

To the seasoned vets of Real Estate:  I, like many others, have saved up capital for a year and half post college. 

My question is simple: To invest or not to invest? More importantly, where to invest.

Getting into a scalable real estate business does not happen over night. I have 0 experience other than the forums, books, and articles I've read. But I want to begin my journey somewhere.

My eyes are set on 14 unit and up multifamily deals. (knowing that hiring a good property manager and cash-flowing consistently is more efficient at the larger level deals)

Do you recommend investing in self education and increasing earnings until I can finance/join a larger deal? Or getting my feet wet in a house hack or smaller multi family?

Thank you to anyone who took the time to read and help! 

Most Popular Reply

User Stats

1,195
Posts
587
Votes
Nick Giulioni
  • Rental Property Investor
  • Carmel, IN
587
Votes |
1,195
Posts
Nick Giulioni
  • Rental Property Investor
  • Carmel, IN
Replied

My opinion is that you should house hack for a bit. You will learn a ton about being a landlord, how transactions occur, and how hands on you want to be in the future. On top of that, you can reduce or eliminate your housing expense.  It's a great first step.


Very happy to see you are doing on the path!

  • Nick Giulioni
  • Loading replies...