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Updated over 5 years ago,

User Stats

29
Posts
9
Votes
Andrew Ager
  • Rental Property Investor
  • Pasadena, MD
9
Votes |
29
Posts

New to investing , please help!

Andrew Ager
  • Rental Property Investor
  • Pasadena, MD
Posted

About me:

I am 23 years old, live in Anne Arundel county MD. Have been a Union construction working for the past four years. Currently rent my home but house hack this property ( I live there for free) . Do to various unfortunate events happening in my life I have no savings and to add to that I have 5k in credit card debt. No saving because I am attacking the debt religiously! I have been studying REI for 4 years now but have hesitated to do anything besides house hacking the property I rent, due to no savings . But I want to start doing BRRRR deals immediately!

Goal:

I want to start my REI career doing BRRRR deals (most studied strategy) being my own property manager and doing most of the rehab myself . I have no objection to partnering up on a deal and actually prefer to especially with a seasoned investor. After have mastered this strategy I want to then scale up into apartment buildings and become more passive.

My main goal currently is to build 4K monthly rental income.

Does anyone have any advice? it would be much appreciated!

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