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Updated almost 4 years ago on . Most recent reply

User Stats

10
Posts
17
Votes
Yourri-Samuel Dessureault
  • New to Real Estate
  • Tehachapi, CA
17
Votes |
10
Posts

Looking for guidance - First REI

Yourri-Samuel Dessureault
  • New to Real Estate
  • Tehachapi, CA
Posted

I am incredibly lucky to have a high paying W2 that I LOVE (I get to build spaceships), and frankly I do not ever think that feeling will change. However, I have very high aspirations in the long term that will cost a significant amount and the world is getting more expensive. As a 27yr old who just finished their PhD, I am putting about 35% of my gross income into a combination of stocks in varying types of accounts and still living like a grad student to play retirement catch-up. Expanding my real estate investing is the next step (I rent out a room in my SFH I bought in August), but with my job and high investing rate (both non negotiables as far as changing) I must find a way to make real estate investing incredibly passive and low capital deals. If I cannot find that, until I have the capital to make this work (5yr timeline). I am strictly looking for seller financed deals, and arguably I am following the general steps suggested in the BP books. Off the lead creating methods discussed I do not do direct mail due to capital and the local area not being great for the type I deal I need. So, with that mountain to climb, do you have any tips?

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