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Updated over 4 years ago on . Most recent reply

User Stats

14
Posts
2
Votes
Drew Simpson
  • Sarasota, FL
2
Votes |
14
Posts

Novice learning advice

Drew Simpson
  • Sarasota, FL
Posted

What is some advice you would give someone just learning this field? I'm 21 years old, half time student while owning/operating a food truck here in Sarasota, Florida. A city that's tremendously growing with lots of big commercial building getting built every corner downtown. I try to convince my family into investing here. I want to own a bunch of properties one day and make passive income from them. I've read somewhat of the BRRRR strategy and house hacking. I'm just a beginner however. Let's theoretically say l have $100,000 to invest into the market. Is this financially enough for me to start? Should l stop asking and overthinking so much and just go for it? I feel like that's what's make the difference kinda like my food truck. I was lost and till l did it things made sense. Any tips and advice really helps. Whatever helped you at first would be great to know. I'll have to do some more digging in this app and see what l can learn.

Thanks, Drew.

Most Popular Reply

User Stats

14
Posts
2
Votes
Drew Simpson
  • Sarasota, FL
2
Votes |
14
Posts
Drew Simpson
  • Sarasota, FL
Replied

@Jonathan Greene Thanks, I’m actually looking into getting my R.E. license. 3-6 months is not bad for something that can help me in this. I do want to try house hacking but finding the right people is kinda hard in my opinion.. Could you possibly house hacking without living in the home? Sounds kinda counterintuitive if l remember correctly what house hacking is. Anyhow thanks for the advice. Glad to hear you think Sarasota is a good market for growth.

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