Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

1
Posts
1
Votes
Russell Lightfoot
  • Jacksonville, FL
1
Votes |
1
Posts

New Member From Jacksonville FL

Russell Lightfoot
  • Jacksonville, FL
Posted
Hello all, My name is Russell Lightfoot. 25 years old, bachelors in Mechanical Engineering from Georgia Southern University. 3 years in high speed manufacturing, currently a Business Process Manager over a bottle line at Anheuser-Busch Brewery. As far as background in real estate it is prerty close to zero. Never bought a house, currently renting in a high rise off the St. Johns river, but I am looking to invest in rental property. Goal would be sometime down the road be self sufficient off the properties. Looking for advice on making the jump into that first property. Lots of questions will come as i continue to read off this site but if anyone has areas to point me in the right direction feel free. I'm very open to any and all advice. Look forward to meeting some of you and getting to know others through the site. ..and if anyone is curious, beers are on me!

Most Popular Reply

User Stats

233
Posts
81
Votes
Ralph C.
  • Real Estate investor professional
  • Suwanee, GA
81
Votes |
233
Posts
Ralph C.
  • Real Estate investor professional
  • Suwanee, GA
Replied
Originally posted by @Russell Lightfoot:
Hello all,

My name is Russell Lightfoot. 25 years old, bachelors in Mechanical Engineering from Georgia Southern University. 3 years in high speed manufacturing, currently a Business Process Manager over a bottle line at Anheuser-Busch Brewery.

As far as background in real estate it is prerty close to zero. Never bought a house, currently renting in a high rise off the St. Johns river, but I am looking to invest in rental property. Goal would be sometime down the road be self sufficient off the properties.

Looking for advice on making the jump into that first property. Lots of questions will come as i continue to read off this site but if anyone has areas to point me in the right direction feel free. I'm very open to any and all advice.

Look forward to meeting some of you and getting to know others through the site.

..and if anyone is curious, beers are on me!

 Since you are only renting, have you considered house hacking? Buy a small mf dup, tri or quad..

Live in one and rent out the others while you gain equity cause hopefully you bought it right, learn how to manage tenants,learn real estate by doing  and rinse and repeat with other units.  

Entry cost is a low down payment vs investor's dp of 25 to 30%...

Loading replies...