Newbie from northeast Ohio (Youngstown/ Cleveland)

[Garrett F Anderson]

Good evening BP!

I am a 21 year old Actuary Mathematics and Finance major at Kent State University.  I grew up around Youngstown, Ohio which is about an hour and a half southeast of Cleveland.  I have been reading posts, listening to podcasts and reading books on real estate for about a year now.

I am taking the plunge and plan on house-hacking a duplex (or any small multi-family if the price is right) this late summer and fall.  I have an internship as a data analyst for Progressive this summer so if everything goes according to plan, I will find a duplex between Kent and Mayfield (where Progressive is located) so that I can commute to my prospective job and class.  

After that I plan on working full time and obtaining 50 doors (mostly multi-family) by the time I'm 30.  Once I have the systems in place I would like to have a total of 336 units (mix of apartments and multi-families) each cash flowing $250 by the time I'm 40 (the million dollar dream!!)  I will be focusing on value add, foreclosures and units near universities around a 2 hour radius of Cleveland.

Thank you for taking the time to read this and good luck investing!

[Tom Ott]

Originally posted by @Garrett F Anderson:

Good evening BP!

I am a 21 year old Actuary Mathematics and Finance major at Kent State University.  I grew up around Youngstown, Ohio which is about an hour and a half southeast of Cleveland.  I have been reading posts, listening to podcasts and reading books on real estate for about a year now.

I am taking the plunge and plan on house-hacking a duplex (or any small multi-family if the price is right) this late summer and fall.  I have an internship as a data analyst for Progressive this summer so if everything goes according to plan, I will find a duplex between Kent and Mayfield (where Progressive is located) so that I can commute to my prospective job and class.  

After that I plan on working full time and obtaining 50 doors (mostly multi-family) by the time I'm 30.  Once I have the systems in place I would like to have a total of 336 units (mix of apartments and multi-families) each cash flowing $250 by the time I'm 40 (the million dollar dream!!)  I will be focusing on value add, foreclosures and units near universities around a 2 hour radius of Cleveland.

Thank you for taking the time to read this and good luck investing!

 Hello and welcome! Always nicer to have another Clevelander on here! Best of luck to you!