Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago, 09/20/2018

User Stats

2,923
Posts
1,207
Votes
Shawn Ackerman
Pro Member
  • Real Estate Entrepreneur
  • Mid West, East Coast
1,207
Votes |
2,923
Posts

How, Where and What investment vehicle did you begin with?? and Y

Shawn Ackerman
Pro Member
  • Real Estate Entrepreneur
  • Mid West, East Coast
Posted

Hey Guys, I'm Shawn, A real estate investor from NYC.  I began my investing career in the buy and hold arena.  The reason why I began with buy and hold was mainly for cash flow.  I started 700+ miles away from NY in the Milwaukee WI market.  The reason why I began there was the Mid-West  had all of the metrics that I was looking for i.e.. price to rent ratio, landlord friendly laws on the books and low cost of entry. 

I started as many others may have by using balance transfer credit cards.  To the tune of $130K.  Not a suggested strategy by any means but just how I got start up capital to begin.  I have a solid portfolio of singles, duplexes and even my first 11-Unit picked up this year.  I began about 5 or so years ago. 

I'm interested to begin a discussion on where others began and why?  Thank you for contributing to this post and let's engage/encourage one another!!!

  • Shawn Ackerman
  • Loading replies...