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Updated 11 months ago on . Most recent reply
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Working on becoming a new investor.
Finally breaking out of the matrix. Like the Majority of people, as Rich Dad puts it I have been living in fear. I have no savings, and our debt to income isn't great right now, but we are making progress. I inherited a house and am currently exploring options to use it to get money to consolidate some of our debt and potentially have money for a multifamily. Open to anything really, single family, commercial, something to flip. I just don't want to sit around waiting for my next paycheck anymore. Listening to the podcast, reading some books, and starting to try to connect with the right people. That last one will be the hardest for me, I am not usually a social person. Time to change that.
I am looking to start in Northern Utah but not confined to it. I want to invest in other states as well and not opposed to our first deal being out of state.
Most Popular Reply
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Like Austin said, I always suggest house hacking first. Other gurus make real estate seem very easy. It’s simple but not easy. Learning to manage tenants, property managers, and projects is a whole other set of skills. Good luck and let me know if you have any house hacking questions. I’ve done it twice in Ogden.
- Carl Davis