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Updated about 1 year ago on . Most recent reply

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9
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11
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Charlie Krzysiak
  • DFW Tx/College Station, Tx
11
Votes |
9
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Future College Graduate Starting His Real-Estate Journey

Charlie Krzysiak
  • DFW Tx/College Station, Tx
Posted

Hello all,

My name is Charlie Krzysiak and I am currently a college student who is new to BiggerPockets. I am glad I stumbled upon this community because I want to start looking into the future of my real estate journey. I am eager to learn and looking for all the help/tips I can get!


Obviously each real estate investment strategy is different depending on an individuals situation. Someone who has had steady income for a decade will be more susceptible to strategies than a student fresh out of college. The main question I am running into as of right now is... what knowledge/strategies should I be obtaining and researching as a future college graduate that I can put into use once I hit the work force?

I will be graduating in the 2025 with a bachelors in accounting and will be free of student debt (so blessed). I will most likely be working out of Dallas and can see myself having the opportunity to live with some college friends. Because of this, I have mainly been researching house hacking. It seems to make the most sense for my situation. Is an FHA loan even possible to obtain your first year working and getting income? I also have listened to a few podcasts on wholesaling. It seem like a great way to build up confidence doing deals by diving in. However, I would like to start building equity in property rather than just flipping them for cash. Not opposed to the idea of though if I cannot get a loan fresh out of college.

I appreciate how welcoming this community is and can't wait to learn more about real estate! If anyone has an experiences with starting very young or has any sort of tips to just getting started fresh out of college please let me know! I am mainly taking these next two years as a student to learn as much as I can about real estate before I put it into motion. 

Happy Holidays,


Charlie

Most Popular Reply

User Stats

5,048
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4,010
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Nicholas L.
#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Flipper/Rehabber
  • Pittsburgh
4,010
Votes |
5,048
Posts
Nicholas L.
#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Flipper/Rehabber
  • Pittsburgh
Replied

definitely house hack.  talk to lenders.  they will tell you what they need in terms of job history and income.

wholesaling is high effort - it takes volume to find compelling deals.  it will be difficult to do with a full time job.  

  • Nicholas L.
  • Loading replies...