Ready for Financial Independence

[Salvador Hernandez Jr]

Hello everyone! I am new to real estate and have stumbled upon BP through searches and videos on YouTube. I started doing research and reading back in August 2022. It hit me when, by now, 5-year old daughter asked be back in August when she first started school to drop her off. I was excited and of course told her yes! I took the day off and everything went great! It wasn't until the following week that she asked me again to drop her off and told her I could not because I could not take the day off again. That is when I had to figure something out. And here I am!

With my current situation, I decided wholesaling would be my best bet because, like many, funds are really scarce right now with me and I think if I can lad some deals within 2023, I would be able to fund some sort of multi-family property and just keep on growing. I would also consider house hacking if possible. Overall, I am excited and trying to learn as much as I could!

[Andrew Freed]

@Salvador Hernandez Jr - Great why! In addition to wholesaling, I would implore you to house hack as well. If you can house hack and remove your living expenses, that is equivalent to 10 rental units in my opinion. If a unit cash flows $100-$200 per month and you house hack saving $1,500 per month instead of paying rent, that is equal to you owning that many units. It's a huge advantage to house hack and get your living expenses as close to zero as possible. It allows so many more options in life.