Starting Out
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago on . Most recent reply

Beginner in Real Estate Investment while Paying Own Rent
My name is Sean and I've been interested in real estate investment for a few years now. I am just over a year out of college and began researching real estate and how the investment process works a couple of weeks ago (the goal is to buy my first property next year -- 2021).
Currently, I am renting an apartment in the Buckhead area of Atlanta, GA and I really enjoy this location and the amenities/community of the building. It seems like the only way I'll be able to afford my first investment property is if I took my monthly rent and put it towards a "house hacking" property where I would basically be living with a random person (which also makes me nervous).
I'm wondering if this is pretty much my only option if I want to move forward with real estate investing or if anyone has some tips about how to have the best of both worlds? Has anyone gotten into real estate investment WHILE paying their own rent somewhere else; does this sound like a dumb idea; all suggestions are welcome?
Most Popular Reply

@Suzy Sevier - the last half of my post is the question. I'm looking for advice and opinions on whether getting into investment while I'm currently having to pay rent to someone else sounds doable or like a bad idea. House hacking seems like the best first step but giving up my nice apartment locations and amenities and having to live with someone I probably don't know makes me a bit nervous so this is what is holding me back.