Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
General Landlording & Rental Properties
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 11 years ago on . Most recent reply

User Stats

3
Posts
0
Votes
Jonathan Morales
  • Linden, NJ
0
Votes |
3
Posts

New to Bigger Pockets and Real Estate investing. Could use some guidance.

Jonathan Morales
  • Linden, NJ
Posted

Hello everyone

My name is Jon and I'm new to BP and real estate investing. I recently graduated from college with a degree in biology and I'm currently in the process of building capital and have about 5,000 so far. I work in education while pursing my masters. I have done a lot of reading on real estate and different ways of investing. My short term goal is to obtain a property in order to bring in positive streams of cash flow. I would do this through leasing rooms to tenants. What do you think would be the best way to go about doing this? Could you tell some initial steps I should take? Thank you for your help!

Most Popular Reply

User Stats

584
Posts
353
Votes
Wade Sikkink
  • Real Estate Investor
  • Lincoln, NE
353
Votes |
584
Posts
Wade Sikkink
  • Real Estate Investor
  • Lincoln, NE
Replied

Buy a duplex, live in one side and rent out the other. As an owner occupied property you will have much better finance options available. This is a great way to get started in REI.

Loading replies...