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Updated about 8 years ago,
23 year old engineer looking to build passive income through RE
Hello everyone,
I've been reading Bigger Pockets for some time now and just decided to create an account. I'm new to real estate and just stumbled through buying my first condo (to live in) that I'd like to rent out when I move again. I enjoy my full time job as an engineer and want to keep it while I build up passive income from buying and holding properties.
The reason I want to invest in real estate is, like anyone else, having more freedom to quit working to spend time doing whatever else (in my case, spending time with future family). Obviously I know owning real estate can be a lot of work, but I'm interested in learning how to acquire enough properties to automate it.
I take a great interest in finance and have been listening to economic and finance podcasts. I just discovered the Bigger Pockets podcasts and after listening to a few episodes I learned it is doable to keep a full time job while building a real estate portfolio.
I'm not sure what to expect from creating an account on here but from my understanding a lot of members are passionate about real estate investing and I hope to gain some valuable knowledge from you all. Finance and Investing books are piling up at home and I think it's time to take a more active role in real estate investing, especially while I'm still young.
I'm in the Metro-Detroit area in Michigan and am planning to get my real estate license within the next year as well as start my MBA. Thank you for reading this and I look forward to interacting with you all.
Morgan