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Updated about 3 years ago on . Most recent reply
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Just 20 Year Old Kid with A Dream
Hey! Hope everyone is having a blessed day! I just wanted to introduce myself to the whole BiggerPockets family.
I'm a 20 year old newbie investor from Tupelo, Mississippi. After around 2 months of wanting to get into real estate, I finally set a deadline for me to take action! The date is Jan 24th, and im using the next 25 days to really put my head down and really learn all I can. I finished The Millionaire Real Estate Investor by Gary Keller 2 days ago and today im challenging myself to learn how to analyze a market/property today. My goal is to be earning $40,000 annually in net cash flow from rental properties in the next 6 years through Single and Small Multifamily Houses. Thank you for taking the time to read my introduction and you'll definitely be hearing from me around on here.
I pride myself on being a student of the game so if anyone has any advice for a newbie investor looking to buy his first property in the next few months. Please feel free to leave your recommendations. Once again, thank you for your time and I hope everyone has a great day!
-Quincy
Most Popular Reply
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Hey @Quincy Holder I like that you have goals aligned with a timeline! That is a great way to hold yourself accountable and set yourself up for success. Make sure to spend a lot of time structuring your work around the ability to qualify for conventional loans (such as an FHA house hack) if you choose to go that route. Learn how to borrow money, find deals and surround yourself with others that have success in this space.
- Joshua Janus
- [email protected]
- 614-502-5316
- Podcast Guest on Show #1