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Updated almost 10 years ago on . Most recent reply

User Stats

7
Posts
3
Votes
Jake Lowing
  • Real Estate Investor
  • Grand Rapids, MI
3
Votes |
7
Posts

Young Investor from Michigan!

Jake Lowing
  • Real Estate Investor
  • Grand Rapids, MI
Posted

Hello everyone!

I am a 21 year old landlord // Sales Manager // Business Owner // College Student from Grand Rapids Michigan!

I had a great 2014 and I hope you did as well! 

I started the year focused like a hawk... I discovered BiggerPockets in December of 2013 and fell in love. I remember going through each and every podcast/article I could find (I was a sponge). I was inspired by Brandon Turner's concept of "House-Hacking" and knew that would be a great start for me! I took the plunge on March 4th when I went to the closing table (an hour after I accepted a management position with the company I worked for, what a great day :) 

This has put me in a great position. I increased my income by accepting the position and decreased my housing expenses to $0.00 and I am cash flowing about $200.00/month! By renting out the top 3 rooms and sleeping in the basement.

In 2015, I hope to do the same. I would love to get into a duplex this year and I am looking to grow in my career!

This is a very brief introduction considering everything that has happened in the last year. It has its downsides (A LOT OF WORK), but overall I have surpassed many of my peers (and that is a great feeling). With sites like BP, I have the guidance and advice needed to make huge impacts on my personal life. SO THANK YOU BP TEAM!!

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